Two-Thirds Of Americans Don’t Save Money

A new survey from Bankrate.com says that nearly two-thirds of Americans save little or no money. 16% say that they save about 15% of what they make. 20% say that they don’t save anything. The top reason given was too many expenses. Some other people say that they don’t have a good enough job to put back some money every month. The survey also found that the average American has less than $5,000 in a savings account. I try to put back at least a little money from my check and my wife’s check every payday. Dave Ramsey says you should have an emergency account with funds totalling 3-5 months of living expenses.

Do You Put At Least $100 Into Savings Every Month?

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