A survey done in the earlier part of the year by financial services company Bankrate found that only about four in 10 Americans have enough savings to cover an unplanned expense of $1,000, indicating a dismal state of household emergency funds and poor monetary habits. Many have sought to move away from the instability that comes with low savings, and are educating themselves on different methods, tips, and tricks to save money moving forward.
There are some things within your control, and the state of the nation’s economy is not one of them. Decades-high inflation has taken its toll on wages. The Federal Reserve calculates that 53.4 percent of the American workforce saw their real wages—i.e.,  inflation-adjusted income—decline between the second quarter of 2021 and second quarter of 2022….