Why does the average person only save 4% of his income?

Why does the average person only save 4% of his income?

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This Post Has 3 Comments

  1. There are many potential reasons why. It could be,

    -Large amounts spent on vacations and entertainment
    -The rising cost and demand for eating out instead of cooking at home
    -The rising costs of fuel
    -Groceries
    -Bills

    All of these and more add up, and right now the economy is rising, many products are becoming more expensive. They add up 🙂

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