Saving Money During COVID-19? Use It to Secure Your Future.
Millions of Americans are struggling financially during the COVID-19 crisis -- specifically, those who have lost work or income since the pandemic took hold. But not everyone is in a tight spot financially these days. In fact, a recent TD Ameritrade survey found that plenty of people are saving money by virtue of being stuck at home, and 20% of millennials say their household budget has been positively impacted over the past few weeks.
Social distancing may not be fun, but it can lead to substantial savings. For example, 78% of Americans are spending less by not going out to eat, with an average savings of $245 as a result. Meanwhile, 75% are saving money by not going on vacation, pocketing $1,411 on average.
Here are some other ways Americans are saving:
Source Fool.com
