Don't Let Technology Crack Your Nest Egg

In Don't Let Technology Crack Your Nest Egg, Kamen presents startling facts that reveal how our reliance on technology poses growing economic dangers. Aspirational consumption has become such a budget-breaker that 60% of millennials say their #1 money-saving plan is to stop following social media. The incremental growth of cashless transactions makes us increasingly lax about tracking our spending. And although computers provide us access to a cornucopia of information, many people carelessly put their trust in "knowledge" from unreliable sources. In the virtual world, we are cavalier about allowing motivated parties to invade our privacy and track our behavior, manipulate our buying decisions, and sway our opinions. We trust that simplistic, computer-generated solutions are comprehensive enough to provide carefully considered recommendations for our own particular needs. Kamen explores the wide-ranging consequences these new forces can have on our financial futures. This book will be cautionary and eye-opening both to older readers with a nest egg to protect and to younger readers just building one—to anyone, in fact, wanting financial insight into navigating a world that is rapidly being transformed by technology.