Sarah Ackerman of Randolph, New Jersey, has been piling money into her retirement accounts during the coronavirus recession. And it’s paid off.
Since the shutdown began in March, Ackerman has cut her expenses by $300 to $500 per month by working from home and driving less, providing a boost to her savings. She used to drive two hours a day for work. But she’s only filled up on gas twice during the pandemic, and she negotiated a lower rate on her auto insurance, saving her about 30%.
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