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March 2017

Debt vs Saving

March 7, 2017 • 0 comments

In the Battle between Debt & Savings, Debt is Winning

Americans need to save more and borrow less. Lately, though, the credit card has been winning in the eternal battle between debt and savings, a new study from Bankrate finds. Bankrate found that 52% of Americans report they have more money in emergency savings accounts than they do in credit card debt. This is unchanged from 2016.