The personal saving rate for Americans hit a 17-year low. 3 strategies for boosting your account balance

Posted on by Nkozi Knight

Personal saving was $426.5 billion in October and the personal saving rate was 2.3%—the lowest it’s been since 2005.

The personal saving rate for Americans hit a 17-year low. Experts explain why—and offer 3 strategies for boosting your account balance

Published by Nkozi Knight

Nkozi Knight is a finance expert with over 20 years of experience. He is a proud graduate of Marquette University where he also serves on their National Alumni Board of Directors. Nkozi is also a graduate of Marquette’s Future Milwaukee Community Leadership program. He is the owner of GreenHomeHub, Knight Investment Group, and Bodhi Photography Studios.

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