Savings News

Argentines protecting savings by buying gold amid 26% inflation

Buenos Aires - Over fears of the astronomical 26 percent inflation rate could hurt their wealth, savers in Argentina are turning to gold as a safe haven. It has been reported that Argentines are buying more gold than ever before.

In the Media by Andrew Moran - 4 comments

Poll: 60% of Canadians plan to save this year, but many will fail

Toronto - A new poll found that Canadians are planning to put money away in their nest egg, but the probability of that taking place is quite low. Most respondents said they will put money into their RRSP, Tax-Free Savings Account (TFSA) or both. Can it be done?

In the Media by Andrew Moran

BMO poll: Canadians saving more for luxury than retirement

A new poll reveals that Canadian households are planning to save more of their hard-earned money this year, but not for retirement.

In the Media by Veronica Silva Cusi - 3 comments

Nearly half in U.S. lack financial safety net

A study released by the Corporation for Enterprise Development finds that almost half of all American households "are living on the edge of financial collapse" due to having little savings to fall back on should they suffer an income-depleting emergency.

In the Media by Kay Mathews - 6 comments

Op-Ed: Just what does a Personal Financial Trainer do and who needs one? Special

Toronto - Just what is a Personal Financial Trainer, who would use or need the services of a Personal Financial Trainer and why is it needed and different from the many financial services available to the masses in 2012?

Digital Journal Report by Elizabeth Parker - 2 comments

26% of Canadians expect bonus, most plan to save or pay off debt

Toronto - Will you be expecting an annual year-end bonus from your company in the coming weeks? A new poll suggests that only a small number of Canadian workers are anticipating a monetary bonus at the end of the year.

In the Media by Andrew Moran

40% of Americans have $500 or less in savings

A recent survey of about 1,100 Americans revealed that around 40 percent of the respondents only have $500 or less in savings.

In the Media by Owen Weldon - 1 comment

One-third of Canadians unprepared for financial downturn: poll

Toronto - If you suffer from a job loss or there is a financial downturn, are you able to survive for three months on your savings? Although many are prepared compared to a year ago, a significant number of Canadians would not be ready to weather a slump.

In the Media by Andrew Moran

Survey: Almost half of Americans do not have emergency savings

New research published today by Bankrate has found almost half of Americans do not have emergency savings to cover three months' worth of expenses. This is three percent higher than last year's figures.

In the Media by Leigh Goessl - 15 comments