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

‘Excess Savings’ Far Less Excessive Than First Thought
‘Excess Savings’ Far Less Excessive Than First Thought
November 04, 2022  |  Consumer Finance

On the face of it, $1.7 trillion in “excess” personal savings is a lot of firepower — enough to keep consumer spending buoyant through, and...

READ MORE >
Americans Still Have $1.7T in Savings as Recession Looms
Americans Still Have $1.7T in Savings as Recession Looms
October 31, 2022  |  Consumer Finance

Thanks in part to government intervention during the pandemic, Americans have banked about $1.7 trillion in savings, according to the Federal Reserve. And as the...

READ MORE >
PettyGigs Partners with Atomic to Give Teens Flex Jobs, Savings
PettyGigs Partners with Atomic to Give Teens Flex Jobs, Savings
August 23, 2022  |  Gig Economy

Gig economy tool for young adults and teens PettyGigs is partnering with white-labeled wealth management and brokerage firm Atomic to launch a single solution for...

READ MORE >
Hello Digit Hit By $2.7M CFPB Fine Over Fees Connected to Automated Savings 
Hello Digit Hit By $2.7M CFPB Fine Over Fees Connected to Automated Savings 
August 10, 2022  |  Bank Regulation

A faulty algorithm caused overdraft penalties for automated savings withdrawals for customers of Hello Digit and it has neglected to make good on promises, the...

READ MORE >
As Savings Dwindle, Paycheck-to-Paycheck Consumers Especially Vulnerable
As Savings Dwindle, Paycheck-to-Paycheck Consumers Especially Vulnerable
July 29, 2022  |  Consumer Finance

The cash cushion is dwindling across the board, as consumers dip into savings and inflation continues to take its toll. To that end, and as...

READ MORE >
Savings Cushion Dwindles for Lower Income Paycheck-to-Paycheck Economy
Savings Cushion Dwindles for Lower Income Paycheck-to-Paycheck Economy
May 27, 2022  |  Consumer Finance

The stressors mount. The savings dwindle. The credit cards offer only slight respite. And there’s not enough on hand to meet the unexpected curveballs life throws, inevitably. Especially...

READ MORE >
15-Year-Olds Are Reshaping Banking and Credit, and Changes Are on the Way
15-Year-Olds Are Reshaping Banking and Credit, and Changes Are on the Way
May 09, 2022  |  Digital-First Banking

The Bank of Mom & Dad (BOMD) isn’t just a sitcom line. One analysis found that parents lent their kids a collective $47 billion in...

READ MORE >
Why Half of All High-Income US Consumers Are Feeling the Cash Flow Crunch
Why Half of All High-Income US Consumers Are Feeling the Cash Flow Crunch
April 04, 2022  |  Consumer Finance

Though the immediate threat of the pandemic began to thaw in late February in the United States, mounting inflationary risks weighed on consumers’ economic prospects....

READ MORE >
In Latest Ranking, Coupon Apps Save (Energy, Mostly) by Barely Changing Positions
In Latest Ranking, Coupon Apps Save (Energy, Mostly) by Barely Changing Positions
September 22, 2021  |  Mobile Applications

Sometimes, change is good. Other times, it’s bad. Occasionally, there’s no change at all. Appearances and suppositions to the contrary, we don’t control who rises...

READ MORE >