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Read NGPF's school-by-school analysis of financial education in America today
We are nowhere near the rates of a few years ago, but is that just getting back to normal?
Answer: 3.6% (a 1.6% decrease from 5.2% in April 2023)
View the current Savings Rate
Questions:
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (Statista):
"In 2023, personal savings amounted to 4.51 percent of the disposable income in the United States. The personal savings rate peaked in 2020, when U.S. households saved on average over 15 percent of their income. That year and in 2021, there were measures implemented to contain the spread of the COVID-19 virus which limited the ability of people to go out and spend their money, which resulted in people saving more than usual."
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Ryan grew up with and maintains a love for learning. He graduated from the University of Wisconsin-Green Bay with a degree in Business Administration and worked in sports marketing for a number of years. After living in Texas, Colorado, Tennessee, and Minnesota, the call of education eventually brought Ryan back to his home state of Wisconsin where he was a Business and Marketing teacher for three years. In his free time he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.
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