Tag: saving

Multi ethic workers talking at construction site reviewing plans

Shirley Floyd Things are looking up for Shirley Floyd of Chicago. Her daughter just earned a college scholarship, and Floyd has landed a better job. The new job requires the 37-year-old to stand on a concrete floor, sometimes 10 to 12 hours a day, inserting automobile gaskets into cardboard sleeves for shipping. But her earnings,…

Woman in a yoga pose

Young people in the noon yoga classes here at Boston College bend, twist, or flatten themselves more easily than their much older classmates. But older people are better savers – 50-year-olds save at more than double the rate of 40-year-olds – and perhaps yoga can explain how this happens. In yoga, one doesn’t immediately balanc…