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Nearly 50 Percent of Americans Don't Have Any Savings

A recent study by the for-profit website GOBankingRates.com found that just under 50 percent of Americans have no savings socked away. Worse yet, another 13 percent in the US have savings that total under $1000, and 9 percent have just a "minimum [savings] account" balance requirement. Minimum balance requirements vary, but GOBankingRates cites ranges of $500 - $1500.  Read more.

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