5: Personal Financial Responsibility Other Information:
Many Americans can become safer and more secure by saving more, being more mindful of their personal finances, and living
within their means. The combination of small savings and large debts threatens the well-being of workers and homeowners, as
we have seen during the current financial crisis. At the same time, many Americans enter retirement with little saved, hurting
their ability to live comfortably in their later years. By increasing personal saving as well as public saving, Americans
will gain greater control over their own destinies.
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