Investors say lessons on saving should come from families

A recent survey of more than 1,000 American investors suggests that when it comes to saving, people should learn their financial habits first and foremost from their family. When asked who people should be responsible for teaching Americans to save, 88 percent responded that families should bear the responsibility, and 84 percent said it should fall on individuals themselves. Financial advisors came in a distant third at 67 percent, teachers came in at 55 percent, bankers at 50 percent, an employers at 48 percent. Only 42 percent of investors said the government should be responsible for teaching Americans to save, yet in a related question, when asked if the Obama administration should make it a national priority to encourage Americans to save, eight in 10 investors said yes.