Why Are Americans So Bad at Saving Money?

The economy is doing better, but Americans still aren’t saving enough money. Here’s why.

Dwyer Gunn
GEN
Published in
4 min readMay 31, 2019

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Photo: Pojcheewin Yaprasert Photography/Getty Images

Last week, the Federal Reserve Board issued its annual report on the economic well-being of American households. The report was largely positive: Seventy-five percent of adults said they are “either doing okay or living comfortably,” a 12-point…

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Dwyer Gunn
GEN
Writer for

Journalist covering economics for @Medium. Words for @nytimes @Slate @NYMag. @Freakonomics alum. Email: dwyer.gunn@gmail.com