As we learned in class and through the Financial Diaries (FD…
As we learned in class and through the Financial Diaries (FD), building savings can be a challenging task for many families. We learned that many of the FD families are committed and effective savers, they were just not saving in the ways that many financial advisors imagine and usually recommend. Briefly discuss at least three non-traditional ways in which families in Financial Diaries saved. Identify the specific individuals or families described in the book, explain how they saved using non-traditional methods, and discuss the reasons behind their saving strategies.