How Middle Class Americans Saved Money In 1955 (Banks Hated This)
I explore the ingenious, often overlooked financial habits and savings strategies that defined the American middle-class experience in 1955.
CHAPTERS
0:00 - The Forgotten 1955 Economy
3:40 - Life With a Paycheck
7:15 - The Post-War American Dream
10:40 - Defining the Middle Class
14:15 - The Power of Unions
17:00 - Defined Benefit Foundations
20:30 - The Physical Paycheck
23:20 - Passbook Savings Rituals
27:15 - The Series E Bond
31:40 - The Power of Automation
35:45 - The Household Treasury
39:50 - The Credit Union Advantage
43:40 - Institutional Politics
46:15 - The Savings and Loan
50:00 - The Art of Layaway
53:30 - The Rise of Credit
56:50 - The Envelope Method
1:00:10 - Chief Financial Officer
1:03:30 - Life Insurance Realities
1:06:50 - The Invisible Economy
1:10:00 - The GI Bill Foundation
1:13:20 - The Shadow of Exclusion