The more discipline an individual brings to their finances, the more financially secure he or she feels in the present, and the greater likelihood they’ll be happy in the future, according to a new study.
The study, by Northwestern Mutual, also explores who the most disciplined planners are among American adults, and finds they come from opposite ends of the age spectrum (18-39 and 60+). Meanwhile, young Baby Boomers (aged 50-59) seem particularly disinterested in planning even though they acknowledge a strong need to improving their saving and investing discipline.
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