MONEY

One of the keys to a sound financial strategy is spending less than you take in, and then finding a way to put your excess to work. A money management approach involves creating budgets to understand and make decisions about where your money is going. It also involves knowing where you may be able to put your excess cash to work.

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U.S. Personal Savings Rate

The U.S. personal saving rate stood at 33 percent in January 2020, the highest value ever recorded since it was first published in January 1959.1

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U.S. Personal Savings Rate

The U.S. personal saving rate stood at 33 percent in January 2020, the highest value ever recorded since it was first published in January 1959.1

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