We’re happy to report another tidbit of good news about the nation’s economy. The Commerce Department reports the overall savings rate is up. So we’re tucking away more dollars than the government previously estimated. On this edition of MoneyWise Live, Steve Moore and Rob West talk about how this news affects you, then he takes your questions at 800-525-7000.
Rob goes over these encouraging numbers about the nation's savings rate.
Then he discusses what is the probable cause for the nation's increase in savings.
Then he explains why wages are still stagnant and how saving more is affecting the economy.
Finally, Rob ties saving back to God's Word.
Next, Rob and Steve tackle listener questions at 800-525-7000 and via email to Questions@MoneyWiseLive.org on a variety of topics:
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