By Kristin Orman I don’t know about you, but my life looks a lot different today than it did three months ago.
Before the COVID-19 pandemic shut down stores, restaurants and my office, I left my house most days. And I was spending money almost daily.
Today, I get in my car and go spend money just once or twice a week.
As a result, my savings account has changed.
Yours probably has too…
The balances in American savings accounts are growing. In fact, Americans are stashing away cash at record rates. It’s one of the most interesting side effects of COVID-19 I’ve seen yet.
But it makes sense. …read more