Bankrate Com news and trends

Who’s Saving Now?

April 02, 2015
Cashless Society? Are We Nearly There?
Mobile Commerce // May 12, 2014

Maybe the cards filling up consumers’ wallets are just making less room for cash, but nearly eight out of 10 (78 percent) U.S. consumers carry less than $50 with them at any one time, with 49 percent carrying $20 or less, new survey data show....

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Who’s Saving Now?

April 02, 2015
Americans may be saving more in the wake of the Great Recession — that’s the standard explanation for why falling gas prices haven’t translated into other kinds of retail sales. But the best savers aren’t the wealthy, according to a new study by Bankrate.com. It’s those earning between $50,000 and $75,000 who are socking away […]