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)

US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
June 01, 2020  |  SMBs

Not all that long ago, we were hoarding toilet paper and flour — eyeing the proverbial rainy day when we’d need what we’d saved, as...

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Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process Half-Million Loan Applications
Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process...
May 01, 2020  |  News

In today’s top news, the U.S. savings rate surged in March due to the shaky coronavirus economy, and big banks have processed almost 500,000 applications...

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Savings Rate Surges To Highest Level In 39 Years
Savings Rate Surges To Highest Level In 39 Years
May 01, 2020  |  Banking

The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. A Bureau of Economic Analysis report released on Thursday...

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Stimulus Relief Checks: Less Spending, More Saving
Stimulus Relief Checks: Less Spending, More Saving
April 28, 2020  |  Economy

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $...

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Fed Ends Limits On Savings Withdrawals, Transfers
Fed Ends Limits On Savings Withdrawals, Transfers
April 24, 2020  |  Bank Regulation

The Federal Reserve Board has eliminated its six-per-month limit on transfers and withdrawals from savings accounts as the nation continues to adapt to changes caused...

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NEW DATA: 60 Percent Of US Consumers Now Live Paycheck-To-Paycheck
NEW DATA: 60 Percent Of US Consumers Now Live Paycheck-To-Paycheck
April 09, 2020  |  Coronavirus

The COVID-19 pandemic has triggered an unprecedented wave of business closures, placing millions out of work with no telling when they will be back to...

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Dunkin’, Shell Offer Consumer Savings Program
Dunkin’, Shell Offer Consumer Savings Program
February 07, 2020  |  Loyalty & Rewards

Shell Oil Company and the rebranded Dunkin’ are expanding their partnership beyond the popular Fuel Rewards program. Running until the end of 2020, the “Sip...

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Even CEO: Why Savings Is The Key To Breaking The Paycheck-to-Paycheck Cycle
Even CEO: Why Savings Is The Key To Breaking The Paycheck-to-Paycheck Cycle
January 27, 2020  |  financial apps

In the paycheck-to-paycheck economy, estimates vary slightly. Some analysts have reported that roughly 65 percent of all U.S. workers now live paycheck to paycheck, and...

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German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
January 24, 2020  |  Digital Banking

German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew...

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