About this episode
Do you have a good savings rate? What is a good savings rate anyway? In this episode, learn why a high savings rate is so critical — and how to secure one for yourself. In today's episode, you'll find out: How do you define a savings rate? The history of savings rates in the U.S. How advertisements might have affected savings rates Where the current average national savings rate has settled How having six figures of student loan debt should affect your savings rate The saving statistics of the Student Loan Planner audience Our recommended savings rate How savings rates affect taking risks or changing your situation What a savings rate can get you in terms of retirement Five ways to fix a bad savings rate Why a savings rate is more important than a student loan strategy How to start saving with a better rate Why avoiding money paralysis is imperative Why considering a fee-only fiduciary financial planner is wise Full show notes at: http://studentloanplanner.com/35