Savings Rate Increases: Americans Saving More In Weak Economy

The recession has caused a seismic shift in the consumer culture, converting die-hard spenders into savers. A growing number of people, either smarting from a job loss or spooked by the financial crises of others, are scrambling to get out of debt, establish emergency funds, and add to their retirement and savings accounts.

Read more: Savings Rate, Debt, Economy, Financial Crisis, Banks, Personal Finance, Savings, Real Estate, Recession, Business News

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