You are currently viewing Sounds like Joe Biden just gave up the Dems' game on skyrocketing gas prices once and for all [video]

Sounds like Joe Biden just gave up the Dems' game on skyrocketing gas prices once and for all [video]

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In case you missed it, Americans have an average of $9000 less in savings than they did in 2021.

Americans now have an average of $9,000 less in savings than they did last year (via @CNBCMakeIt) https://t.co/pnCoHl3sve

— CNBC (@CNBC) May 21, 2022

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“There could be several factors contributing to the drop in savings from last year, ranging from spiking inflation to people spending more as they resume some sense of normalcy in their lives,” Northwestern Mutual chief customer officer Christian Mitchell said in a press release.

Despite the impact that the pandemic had on respondents’ finances, 48% said they have been able to adapt to their new circumstances. Nearly three-quarters say that they have also adopted better financial habits because of it.

Among the healthy money habits that respondents picked up are spending less money on living costs, tackling debt and increasing investments. In fact, 17% of respondents said they now regularly revisit

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