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

High-Income Paycheck-to-Paycheck Households Fare Better Despite Economic Pressure
High-Income Paycheck-to-Paycheck Households Fare Better Despite Economic Pressure
March 17, 2023  |  Economy

Not immune to macro headwinds materializing as inflated costs, reduced savings, and lower investment values, high-income consumers are making lifestyle changes as are others, while...

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Savings Feature Helps Grow Block’s Cash App Customer Base to 51M
Savings Feature Helps Grow Block’s Cash App Customer Base to 51M
February 23, 2023  |  Earnings

A year after closing its acquisition of Afterpay, Block (formerly Square) is seeing traction in its buy now, pay later (BNPL) business. And the Cash...

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Report: Record Number of Americans Dipping Into 401(k)s
Report: Record Number of Americans Dipping Into 401(k)s
February 02, 2023  |  Economy

With budgets growing tighter, more Americans are reportedly turning to 401(k)s in emergencies. Nearly 3% of the 5 million people who have 401(k) plans offered...

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Savings Accounts Play Larger Role in Bank vs Neobank Battle
Savings Accounts Play Larger Role in Bank vs Neobank Battle
January 05, 2023  |  Digital-First Banking

Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  And in that case, the advantage may go to...

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Digital Wallets, Platforms Pave Financial Wellness Path as 2023 Dawns
Digital Wallets, Platforms Pave Financial Wellness Path as 2023 Dawns
January 03, 2023  |  Consumer Finance

January is financial wellness month, spurring consumers to scrutinize their budgets and where their money’s going. And the surging popularity of digital wallets and platforms...

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Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
December 27, 2022  |  Consumer Finance

Characterized by weakened spending power and mounting economic uncertainty, 2022 has been an economic roller coaster. Due to rising costs, growing numbers of consumers spend...

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Inflation Is Deflating the Financial Goals of All Consumers
Inflation Is Deflating the Financial Goals of All Consumers
December 21, 2022  |  Personal Finance

Inflation is not only making life costly, it’s undercutting the financial goals of consumers. With the new year just around the corner, many U.S. consumers...

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International Money Transfer Firm Wise Launches New Savings Product
International Money Transfer Firm Wise Launches New Savings Product
December 15, 2022  |  emea

International money transfer company Wise has launched a new savings product. Launched in the U.K. on Thursday (Dec. 15), the new “Interest” product lets Wise...

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Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
November 08, 2022  |  Consumer Finance

Inflation is at multi-decade highs, forcing us to scrutinize where every dollar is going and how to stretch those dollars as far as possible. In...

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