I got this info from my online savings bank. I thought it was interesting and thought I would share it with everybody.
I also wanted to share some interesting information with you that we learned through a recent research study we conducted as part of our continuing efforts to better understand and serve our customers. The results provide valuable insight into the way different people think about saving.
* Active Savers, a group of people characterized by their dedication to saving, entered the recession better prepared than others because of their savings lifestyle. They have not had to take drastic measures to adapt to uncertain financial times and are less likely to have had to cut back on spending, eating out, and making large purchases.
* For more than half (57 percent) of Active Savers, learning to save started at a young age. Putting money away is a value their parents instilled in them (73 percent).
* Savings comes first for nearly half (46 percent) of Active Savers. They're willing to make sacrifices in order to be able to put money away.
* Overall, a majority of the population has not allowed the economy to hamper their savings plans—81 percent have been able to put the same amount away, if not more.
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The hard work of one will do more than the prayer of millions.
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