A report issued last week shows that the US savings rate has skyrocketed to 33% for the month of April. This is an increase from the 13.1% it was in March and the roughly 7% to 8% throughout the past year. The savings rate is calculated on after tax income. …
Joe Biden recently commented that almost half of Americans are living in Poverty. The data that was being quoted included those the government says are living below the poverty line based on Adjusted Gross Income (AGI) and those who are low income living on up to 200% of the Federal …
The answer to the question “How much should I save each month” is based on what goals you have. Are you saving for the down payment on a house? Are you saving for retirement? Do you plan to retire early? There are many factors involved in deciding how much money …
I am frugal to a fault, and Mrs. C. will never let me hear the end of it. Cutting back on eating out, cutting my own hair, switching off all the lights constantly, wearing clothes til they fall apart, etc, has saved me maybe $3,000 a year that I can …