And I’m not talking about saving money purchases, but the old-fashioned savings account that community banks have always provided. According to a Gallup poll, more people than ever before say they prefer saving to spending! Gallup stated this is a huge change from the pre-2008 period. Over 65 % of the folks surveyed said they preferred saving to spending, even in the young 18 to 29 age group. This trend for saving started in the black days of the latest recession and has continued through today.
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