Stories Tagged as
Savings
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.
Why has it taken so long for savings account interest rates to start rising?
Sep 16, 2022
The national average is still a paltry 0.13%, according to Bankrate, even as the Federal Reserve hikes interest rates.
With rising home prices and stagnating wages, a new savings goal: Beyoncé tickets
by
Jordan Mangi
Aug 4, 2022
Concert tickets might not break your soul like, say, buying a home in this market could.
Consumers are spending up a storm — and spending down their savings
May 27, 2022
Even though they're pessimistic about the economy and economists worry about a recession.
Survey finds many Americans unprepared for $1,000 emergency expense
by
Justin Ho
Jan 19, 2022
According to the Bankrate survey, 20% would need to use a credit card to pay off a big emergency expense and 10% would borrow from family or friends.
We're back to saving less
by
Matt Levin
Dec 23, 2021
The personal savings rate dropped in November to its lowest level since December 2017.
About a quarter of Americans have no emergency savings
Jul 21, 2021
A Bankrate.com survey found that while the pandemic has afforded some the opportunity to save money, many low-income households could not.
For public good, not for profit.
People adopted better financial habits during the pandemic
Jun 22, 2021
Two recent surveys show a trend toward increased financial discipline.
Despite more savings, American households still have a lot of debt
by
David Brancaccio
, Chris Farrell
, Daniel Shin
and Erika Soderstrom
Mar 19, 2021
Who's taking on debt for what reasons, and why paying it down is good for your financial and mental health.
Could your emergency savings pay off your credit card debt?
Feb 25, 2021
More than half of Americans say their emergency savings could pay off their credit card debt, according to a recent poll.