Savings

Meanwhile, its competitors are doing pretty well, including Walmart, where groceries account for 60% of sales.

We’ve spent the $2.1 trillion that two San Francisco Fed economists say we saved during the pandemic.

If interest rates fall, expect savings rates to do the same.

People in the U.S. saved an estimated $2.1 trillion at one point in the pandemic. By some estimates, that money’s pretty much gone.

The average 401(k) balance is a tenth of what a middle-class person would need to maintain their lifestyle, one expert says.

Prices rose 4.9% year over year in April and 0.4% during that month. Consumer fatigue is showing in higher credit card balances and lower savings.

A boost in disposable income fueled spending and saving. Data signals a healthy outlook, but lower-income people are draining reserves.

Whether you’ve decided it’s time to change jobs or you’re dealing with an unforeseen circumstance.

Clipping coupons may be largely digital now, but the deals are still out there. Kayla Burk is teaching a younger generation how to use them.

The savings rate went up half a percentage point in December, but it’s still not back to pre-pandemic levels.