Americans are Start Saving Money More and More

American people are often well-known for failing to save money, but they are doing well.
According to a new study from Bankrate.com, the percentage of people with sufficient savings for the six-month period increased to 31%. This is 28% more than last year, and 22% by 2015.
However, one-quarter of the US population still has no savings at all, and reports say the habits are improving. But why do they start saving more? Greg McBride, chief financial analyst at Bankrate.com, says fear is coming.
Analysts say this is not a coincidental case for economists who are now able to cope with the economic crisis. McBide said: One of the things that we are not interested in after the economic crisis is change of habits. People started to think that saving is important. They told us this, but they did not succeed for a long time.
People aged 18 to 26 in their school years are saving the most. McBride says this comes from their low cost of living and easier to save for emergencies, but it is also a good habit to grow with them to a complex and costly life. He says the biggest challenge for saving is no savings. For young people, they have this tradition.
According to the study, people with high income and higher education may have savings for six months, while those with no savings are mostly low-income and do not have high education.

Americans are Start Saving Money More and More