Chrysler has come up with an entirely new twist on a generations old problem, begging parents for a car.

The birth rate in the United States is now the lowest since the 1920s, when they began keeping this statistic. Experts are worried about the dire consequences of negative population growth, which is already occuring in parts of Europe and Asia.

This week, I have been thinking a lot about financial winners and losers. What makes some people succeed, while others fail? Why do those who start out with nothing often wind up more prosperous those who start out with everything?

Wednesday, I was walking my dogs around town and I noticed a couple of television sets abandoned in front of an apartment building. It got me thinking about how much money we spend on items that quickly become obsolete.

There is a lot of great financial advice about cutting costs and increasing your income. However, this won’t help you accumulate wealth, unless you save and invest part of what you earn.