The Big Picture: U.S. Savings Rate = 0%

The Big Picture: U.S. Savings Rate = 0%

jonathan.hasson August 8, 2005

Us_savings_rate_chartOne of the biggest lessons to learn is good stewardship of your money.  Regardless of your financial worldview, be it a Christian worldview like ours, or a basic secular look at finances, it is obvious that increased savings equals financial independence in the future.  The average U.S. citizen is painfully ignorant of this.  This is a very frightening statistic.  Who is going to support these folks in the future when income doesn’t match spending?

"The Big Picture" is a fine website for tracking issues such as these.

Jonathan

Link: The Big Picture: U.S. Savings Rate = 0%.