Personal Finance

Savings Account

Even Though I’m Saving, There’s No Money In My Savings Account

In the 1970′s, the Personal Savings Rate in the United States peaked around 14%. Over the last 40 years, thanks to an increase in consumer spending and a decrease in personal accountability, the Personal Savings Rate in the United States has been trending downward. In 2013, the Personal Savings Rate in the United States sits …

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