9 Tips To Take Your Budget To The Next Level

Americans are natural-born consumers. Every year consumption accounts for about 70% U.S. GDP. Unfortunately, with our "spend, spend, spend" attitude comes one nasty side effect: a poor personal savings rate. According to the St. Louis Federal Reserve, Americans' personal savings rate of 5.4% sits well below that of other developed countries around the world.Why are we such poor savers?

Topics:  gdp   st louis federal reserve   gallup   june   u.s    americans   budget   spend   income   poor   consumers   understand   rate   savings   personal   
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