People struggle to save for long-term goals like retirement or a child’s college education because they crave immediate gratification, says Rosalind Greenstein, director of research and education for American Institute for Economic Research. Having an obstacle can encourage people to think twice before dipping into the funds, she says. “It’s like a speed bump,” she says.
But there are studies that suggest that the wage problem might not be as black and white as companies wanting to basically outsource their skilled workers. Nicole Kreisberg, a researcher at the American Institute for Economic Research, found that wage gaps don’t arise from visas so much as they do from gender, age,Read More