Some Trouble Paying Your Bills? Meet the Culprit

If you’re having trouble paying your bills today—much less saving any money—you’re not alone. The average savings rate in June was down to just 3.4%. That’s less than half the pre-pandemic rate and almost two-thirds below the long-run average of about 8.5%. Besides 2022, that’s the lowest rate since the 2008 financial crisis and America’s Great Recession. Read Full Article »