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Study: Workers With a Goal Are More Likely to Regularly Save Money
NerdWallet says workers with savings goals are more likely to save regularly, 75% versus 62%, as debt and uncertainty still limit saving.
- A new NerdWallet survey conducted by The Harris Poll found that 66% of employed Americans regularly set aside money from their income in a bank account.
- Employed Americans with a savings goal are more likely to save regularly than those without, with 75% compared with 62% of respondents saving, according to NerdWallet findings.
- The United States Bureau of Economic Analysis reported that 44% of employed Americans save at least 20% of their take-home pay, exceeding the 4.5% national personal savings rate.
- Unfortunately, saving money remains out of reach for some, as 8% of employed Americans save nothing, while 74% were not taught to save money as a child.
- Americans are using savings for specific goals like emergency funds, vacations, or 529 plans to avoid debt, with 45% actively saving for such objectives.
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Study: Workers With a Goal Are More Likely to Regularly Save Money
Two-thirds (66%) of employed Americans regularly set aside money from their income in a bank account, according to a new NerdWallet survey. That’s good news: Savings enable people to use cash instead of debt for upcoming purchases. When unexpected expenses…
·Missoula, United States
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Total News Sources16
Leaning Left3Leaning Right2Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 25%
C 58%
R 17%
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