Americans’ Savings Behavior and Credit Card Tips [Infographic]
Recently, BillShrink released an infographic about savings and credit card payoff trend based on their user data as a litmus test for Americans’ behavior. How much are Americans putting away in their savings? Based on their study, average savings has declined from $62,093 in 2009 to $33,552 in 2011. Also, planned monthly savings dropped from $537 to $495. Apparently, some of the money are being diverted to debt payment, which got more attention than savings throughout 2010.
Credit Card Savings Tips
Additionally, BillShrink offers the following credit card savings tips:
Check out their infographic below and click on the image to visit their site.
If you like this article, please sign up for our free weekly updates
Sign up for free weekly updates
About the Author
, on Jun 28, 2011
is the owner of Moolanomy Personal Finance
. He is a licensed Realtor
specializing in residential homes in the Northern Virginia area. Over the past 20 years, Pinyo has enjoyed a diverse career as an investor, entrepreneur, business executive, educator, and financial literacy author.
Best Bank Rates
The information on this site is strictly the author's opinion. It does NOT constitute financial, legal, or other advice of any kind. You should consult with a certified adviser for advice to your specific circumstances.
While we try to ensure that the information on this site is accurate at the time of publication, information about third party products and services do change without notice. Please visit the official site for up-to-date information.
Moolanomy has affiliate relationships with some companies ("advertisers") and may be compensated if consumers choose to buy or subscribe to a product or service via our links. Our content is not provided or commissioned by our advertisers. Opinions expressed here are author's alone, not those of our advertisers, and have not been reviewed, approved or otherwise endorsed by our advertisers.