savings

Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as recurring costs.

Source: en.wikipedia.org

Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case Against Google
Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case...
October 16, 2020  |  News

In today’s top news, Americans are struggling as savings accounts run dry, and several states are preparing their own antitrust probe into Google. Plus, Amazon...

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Navigating The COVID-19 Pandemic: How The Paycheck-To-Paycheck Economy Is Beginning To Buckle
Navigating The COVID-19 Pandemic: How The Paycheck-To-Paycheck Economy Is Beginning To Buckle
August 24, 2020  |  Coronavirus

The World Health Organization’s (WHO’s) March 11 announcement labeling the COVID-19 outbreak a pandemic marked the end of business as usual in the United States....

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Betterment Debuts Cash Goals Feature To Help Users Save
Betterment Debuts Cash Goals Feature To Help Users Save
July 30, 2020  |  Banking

To assist its banking users in putting aside funds for set aims, Betterment is rolling out a new Betterment Cash Goals feature. Users can see...

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Goldman Closes Marcus UK To New Deposits Amid Savings Surge
Goldman Closes Marcus UK To New Deposits Amid Savings Surge
June 10, 2020  |  Digital Banking

A global savings surge amid the coronavirus lockdowns is forcing Goldman Sachs to shut off its Marcus savings accounts to new customers in the United...

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Why COVID-19 Drives Demand For Digital Advances, Long-Term Investing
Why COVID-19 Drives Demand For Digital Advances, Long-Term Investing
June 02, 2020  |  Next-Gen Debit

Consumers’ financial priorities are shifting, and staying relevant means helping customers stay financially afloat and gird against the next crisis, says Tim Hong, chief product...

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US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
June 01, 2020  |  SMBs

Not all that long ago, we were hoarding toilet paper and flour — eyeing the proverbial rainy day when we’d need what we’d saved, as...

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Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process Half-Million Loan Applications
Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process...
May 01, 2020  |  News

In today’s top news, the U.S. savings rate surged in March due to the shaky coronavirus economy, and big banks have processed almost 500,000 applications...

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Savings Rate Surges To Highest Level In 39 Years
Savings Rate Surges To Highest Level In 39 Years
May 01, 2020  |  Banking

The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. A Bureau of Economic Analysis report released on Thursday...

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Stimulus Relief Checks: Less Spending, More Saving
Stimulus Relief Checks: Less Spending, More Saving
April 28, 2020  |  Economy

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $...

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