Our Savings Rate Still Too Low

Recent data indicates we are still not saving enough.   CNBC compiled the data that shows we continue to put too much on our credit cards and not put enough into savings.  Their best advice is the time tested truth – in order to get ahead and have financial security we need to live below our means and have a good savings plan.  While not always possible to accomplish given life circumstances, it’s very important that it’s part of our long term plans and practice it religiously when possible.



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