Skip Nav
The 1 Easy Way You Can Become an Investment Genius
6 Financial Experts Dish the Dirt on What They Would Do With $10,000
6 Tips For Getting Ahead in a Male-Dominated Industry

Are You Saving More Than the Average American?

With all the countless bills to pay, I know it's hard to set aside money to save every month. The personal savings rate in July in America was 5.9 percent, according to the commerce department. Brought about by the recession, this is a huge jump from the 2.7 percent savings rate we saw in 2007.  I'm curious to see how many of you are meeting that national average and if you're saving more or less than the typical American.

Image Source: Thinkstock
Join The Conversation
Gdeeaz Gdeeaz 6 years
I live with my dad and after I pay my other bills, and buy some things off my wish list I save about 50% of my paycheck each month.
amber512 amber512 6 years
More than the average American, but that doesn't really say much. Actually, now tat people are being more money savvy we might be about average.
Marshmelly411 Marshmelly411 6 years
I'm living at home right now so I'm able to put close to 50% of my income each month into savings. Hoping to get a car eventually.
imLissy imLissy 6 years
I guess I'm saving about 30% of my income each month. Well, maybe a little less these next few months since we're going on vacation.
How to Save Money Every Day
Basic Financial Rules
Target Food-Shopping Tips
Best Things to Do With Company Retirement Plans
From Our Partners
Latest Career & Finance
All the Latest From Ryan Reynolds