Savings Rates at Record Lows

I'm not just talking about interest rates here. US consumers are not saving money. The reason I bring this up is that there are a lot of banks offering savings accounts that feel neglected! Instead, everybody is using banks for home equity loans. Please do everybody a favor and save a few bucks. Start this month, and build on your momentum. The sooner you start, the easier it will be. Read about a recent government study on savings rates among US consumers for some insight into how this will affect our economy.