All those pandemic savings? They might already be gone

Sep 28, 2023
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.
Howard Huang/Getty Images

401(k) balances are rising, but most savers still won't have enough for retirement

Aug 18, 2023
The average 401(k) balance is a tenth of what a middle-class person would need to maintain their lifestyle, one expert says.
Retirement balances may have gone up, but roughly half of Americans 55 and up have no retirement savings.
CatLane/Getty Images

Prices are still rising, and consumers seem tired

May 10, 2023
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.
Consumers are going to low-price stores more and buying less per visit. They're opting more frequently for generics over name brands, per Jefferies analyst Corey Tarlowe.
Justin Sullivan/Getty Images

Consumers spent more in January, but also saved more. What gives?

Feb 24, 2023
A boost in disposable income fueled spending and saving. Data signals a healthy outlook, but lower-income people are draining reserves.
ArLawKa AungTun/Getty Images

Making a major life change? These financial steps can help

Whether you've decided it's time to change jobs or you're dealing with an unforeseen circumstance.
Ridofranz via Getty Images

Extreme couponing is back. But it's on TikTok this time.

Feb 1, 2023
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.
Kayla Burk, a full-time extreme couponer, makes TikTok explainer videos on how to get discounts.
Karen Bleier/AFP via Getty Images

Savings are up, spending is down. Are consumers better off or just nervous?

Jan 27, 2023
The savings rate went up half a percentage point in December, but it's still not back to pre-pandemic levels.
Wipada Wipawin/Getty Images

For public good, not for profit.

How a 24-year-old living with her parents spends her paychecks

Jan 6, 2023
After saving or investing around 40% of her income, Abigail Gomez has money left over for luxuries.
Abigail Gomez and her boyfriend, Kaden Cooper, in Northern Utah. Like nearly half of people their age, both Gomez and Cooper live with their parents.
Courtesy Abigail Gomez

The federal spending bill could make it easier to save for emergencies

Dec 22, 2022
Employers that offer retirement plans would also be able to offer a separate emergency savings plan.
Stefani Reynolds/Getty Images

Americans are saving little — while they spend up a storm

Dec 1, 2022
The personal saving rate declined in October to its lowest point since 2005. "A lot of people are close to the edge, unfortunately," an analyst says.
Consumers are increasingly dipping into their savings to pay for things — including basic expenses.
Jessica McGowan/Getty Images