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Socking It Away

The personal savings rate, which measures the amount of disposable personal income that isn't spent, ticked up to 2.8 percent in November. But saving more means spending less: Consumer borrowing decreased at an annual rate of 3.7 percent in November.


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America Hunkers Down: A Nation of Savers?
Article | In ordinary times, Bill Rattner would be better off than most. He's paid off his mortgage and has no credit card debt. He and his wife, a social worker, have been faithfully socking away money in their 401(k) accounts.
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