Summary
More than half of Americans aren't saving enough and many - especially the younger set - blame impulse shopping and peer pressure, according to a study recently released by the Consumer Federation of America and Wachovia Corp.
The research "reaffirms what Wachovia has already been learning about consumers and savings. Many consumers tell us they aren't saving enough but don't know how to get started. Others tell us they don't want to cut back ... on their current lifestyle," said Kathryn Black, senior vice president and savings director for Charlotte- based Wachovia.See the full content of this document
Extract
To Spend or to Save?
Among the findings:
Of the 52 percent of Americans who say they cannot afford to save or are saving inadequatel...See the full content of this document
Sponsored links
