August 12, 2009You have setup your saving account, and decided it is high time to get that emergency fund rolling but where are you going to get that money from? It may be easier than you think. The Personal Savings Rate in the United states had seen better days back in 2006 when it actually dropped below [...]
Read the full article → August 11, 2009The Personal Savings Rate is a statistic released by the Bureau of Economic Analysis which is an indicator of how much of their money Americans are hanging on to. The amount of personal savings is determined by taking the Disposable Personal Income minus personal spending (interest payments, personal consumption expenses, and transfers). That amount is [...]
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