Chinese households save more than American households, study finds

With the global economy in a state of unrest, saving money seems to be an obvious strategy for households to protect themselves. But are global households saving enough? Researchers at the University of Missouri have compared ...

When a little knowledge really is dangerous

As the global financial meltdown has revealed, there is no shortage of people who fail to understand their own investments. Perhaps better financial literacy among the public would help many people avoid such poor decisions. ...

Why parents should teach their kids to give

Financial education often stresses the importance of earning and saving, but new research suggests that one of the most valuable lessons parents can teach their children about money might be how to appropriately give it away.

Chinese-Americans don't overborrow, study finds

Bad mortgage loans and rampant consumer debt were two of the primary causes for the recent economic recession in the U.S. Despite a national trend of debt problems, a University of Missouri researcher has found one American ...

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