Saving money is all too easy to push off. After all, those are funds you’re stashing away for a later date, while this month’s expenses are here and now. There’s always something to spend money on.
But right now, “in the face of high interest rates, the rising cost of living and other financial challenges, saving money has never been more critical,” said Forbes. Despite this, “almost half of Americans (49%)” expect to only “save the same amount of money or less in 2024 compared to 2023,” with factors like “rising living costs” and “debt repayment” getting in the way.
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