Quote:
Originally Posted by HappyTexan
Personal savings rate is a mere 3%. They are spending it as quick as they get it.
500K part time jobs got created so more are working.
The FICA receipts are down though..these are not high paying jobs.
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IF someone has any money to save, consider this; Why would you put it in a bank that as most currently are giving for interest at less than 1/2 a percent ? There are far more ways to get more for your money than that ripoff !