Why You Should Save 20% of Your Income – Ep. 47 Weekly Wealth Digest

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Published on Dec 2, 2014

People younger than 35 are not saving money, according to Moody’s Analytics. It’s bad… the savings rate for the Millennials (18-35) is negative 2%! This means that as a group they are spending more money than they have, financing their lifestyles and borrowing from their own futures. This probably doesn’t surprise anyone reading this. The fact is the U.S. economy is suffering through a real economic depression, as noted in many of our videos and research reports.

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