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Brother, can you spare a nickel? For roughly half
of American households they answer is “barely,” according to the results
of a new survey by Bankrate.com.
About half reported they are setting aside no more than 5 percent of
their income in savings. One in five said they’re not even able to save a
penny.
The highest savings rates were reported by those in the middle of the
income ladder; more than a third of households earnings between $50,000
– 75,000 said they’re saving more than 10 percent of their incomes, a
higher rate than those in the highest-income bracket. Only a quarter of
those surveyed are setting aside more than 10 percent of their incomes,
including one in seven who said they are saving more than 15 percent of
what they make.http://www.nbcnews.com/business/personal-finance/half-u-s-households-struggle-save-even-few-cents-n332486
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