Why More Middle-Income Americans Are Struggling to Save Money

Why More Middle-Income Americans Are Struggling to Save Money
Illustration by The Epoch Times, Getty Images, Shutterstock
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Reduced inflation and wage increases haven’t stemmed the economic struggles of middle-class Americans. In fact, some middle-income earners say it’s harder than ever to put money away in savings.

Many ascribe this to stagnant wages and higher prices for things such as gas, groceries, and utilities that began in 2021 and persist to this day.

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