consumer affairs

Personal savings have plunged — how to boost your savings in case of a recession

When it comes to red flags, this is a big one. Americans’ personal savings have plummeted this year, hitting $629 billion in the second quarter of 2022, according to the Federal Reserve Bank of St. Louis. That’s down from $1.98 trillion in the second quarter of 2021 and $4.85 trillion in the second quarter of …

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Hurricane Ian damaged 358,000 vehicles. How to avoid buying one of them

Vehicles float in water September 29 in Bonita Springs, Florida, following Hurricane Ian. Sean Rayford | Getty Images If you plan on buying a used car in the next few months, be sure to check it for flood damage before signing on the dotted line. After widespread flooding in Florida, North Carolina and South Carolina …

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