AMERICANS: Cash Savings Rate Up!

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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ORDER: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283

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