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Are you a saver or a spender?

We all need to save more money. That’s a given. How do you think you compare to other Americans when it comes to saving money? According to a recent survey, 40 percent of U.S. parents considered themselves to be savers rather than spenders. That’s understandable — we all have to pay for our kid’s college education, right? Of course there are other things we all need to save up for; that dream vacation, a new vehicle, home repairs, and of course, retirement.

The personal savings rate in the U.S. is at 5.5 percent. It could be better but it could also be worse. How are you doing in the savings department? If you’d like to develop a personal savings strategy, contact us. We may be able to help! https://1stax.com/

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