Image description: Saving versus Spending.
The proportion of adults who are spending less this year compared to previous years continues to decline.
16 percent of U.S. adults have insufficient “rainy day” savings for an emergency.
32 percent of U.S. adults still do not save any portion of their income for retirement.
Learn more about American trends with personal finance from the 2014 Consumer Financial Literacy Survey conducted by the National Foundation for Credit Counseling.