The Investor 24 February 2009
Good fairy turbocharges lower income people’s savings. You’re struggling on a low income, as a part-time or full-time worker. All this talk about saving is fine for those making plenty, but you feel you can’t spare anything. Fair enough. Enter the Good Fairy. “How about a deal?” she says. “If you can set aside just a few dollars a week, I will multiply your savings five-fold, eight-fold, thirteen-fold — the lower your income the more I will boost your savings. It will really help you get ahead in the long term. Interested?”