By Staff Reporters
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Whether we’ve got a recession coming remains the biggest will they or won’t they story, but it looks like more Americans are starting to sock away cash just in case.
CITE: https://www.r2library.com/Resource/Title/0826102549
Data just released by the Department of Commerce puts the savings rate for December at 3.4%—the highest level in seven months and the biggest uptick from the previous month since July 2021 (November’s rate was 2.9%).
EMERGENCY FUND: https://medicalexecutivepost.com/2022/08/20/the-national-emergency-fund/
Could be that everyone’s just saving up for breakfast eggs and Ticketmaster concerts?
MD Emergency Funds: https://medicalexecutivepost.com/2007/12/05/emergency-funds/
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Filed under: "Advisors Only", Ethics, Investing, LifeStyle | Tagged: CASH, cash savings rate, Department Commerce, emergency funds, savings rate, ticketmaster | 2 Comments »