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)

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...

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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...

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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....

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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...

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Citing ‘Tale of Two Recessions,’ LendingClub Points to Need for Automated Savings 
Citing ‘Tale of Two Recessions,’ LendingClub Points to Need for Automated Savings 
September 21, 2021  |  Consumer Finance

Data tells a story — and depending on where you look, different data sets tell different stories. In some cases, the stories we’re told can...

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LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
September 08, 2021  |  Consumer Finance

The paycheck-to-paycheck economy reaches far and wide, as a growing number of individuals and families across the U.S. struggle mightily to make ends meet. Simply...

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MX Partners With BECU On Quick Save Mobile App Feature
MX Partners With BECU On Quick Save Mobile App Feature
August 18, 2021  |  Digital Banking

Financial data platform MX on Wednesday (Aug. 18) announced that it has partnered with the BECU credit union on the Quick Save mobile app feature...

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Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
June 30, 2021  |  Banking

DeFi, maybe – but in some respects, it looks a lot like traditional finance. News comes this week that Coinbase, the cryptocurrency exchange, has debuted...

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Coinbase Enables 401(K) Provider To Offer Crypto Investment Option
Coinbase Enables 401(K) Provider To Offer Crypto Investment Option
June 10, 2021  |  Cryptocurrency

ForUsAll, a 401(k) provider, plans to give some workers the option to invest in cryptocurrencies starting in July. The magazine 401(k)Specialist reported on Monday (June...

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