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Americans Go on a Spending Spree a Year After COVID Peak

Americans Go on a Spending Spree a Year After COVID Peak
gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.

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2:00PM Water Cooler 8/18/2021 | naked capitalism

2:00PM Water Cooler 8/18/2021 | naked capitalism
nakedcapitalism.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nakedcapitalism.com Daily Mail and Mail on Sunday newspapers.

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Americans Are Spending $765 More a Month Than They Did in 2020, Survey Finds

Americans Are Spending $765 More a Month Than They Did in 2020, Survey Finds
nbcphiladelphia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcphiladelphia.com Daily Mail and Mail on Sunday newspapers.

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MassMutual survey finds Bay Staters optimistic about finances as COVID pandemic ends

MassMutual survey finds Bay Staters optimistic about finances as COVID pandemic ends
MassLive.com
2 days ago
Jim Kinney, masslive.com
© Mark M. Murray | mmurray/@repub.com
Exterior of the Massachusetts Mutual Life Insurance Company home office on State Street in Springfield. MassMutual headquarters.
SPRINGFIELD A MassMutual poll found that 63% of Massachusetts residents are optimistic about their finances as the state and its economy emerge from the coronavirus pandemic, the Springfield-based insurance giant said Thursday.
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That 63% is less than the percentage of optimistic respondents nationwide, which was 72%, and a decline from the Massachusetts optimism level in February, which was 74%. ....

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While Many Americans Are Not Touching Savings, Others Find It Difficult To Do The Same, Amid COVID

While Many Americans Are Not Touching Savings, Others Find It Difficult To Do The Same, Amid COVID
(Image: iStock/Prostock-Studio)
Damaging events caused by the pandemic such as job losses and big income cuts have made it difficult or impractical for many folks to hoard cash and not dip into their nest egg. Simultaneously, a global poll done by one of the world’s largest independent financial advisory and fintech groups found that 7 out of 10 people will not squander the excess savings acquired from decreased spending and transportation costs. When questioned by the deVere Group ‘Are you likely to spend the majority of the extra money you have managed to save over the last 12 months?’ 72% said ‘no’. Some 16% of respondents said ‘yes’ and 12% ‘did not know.’ ....

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