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More Evidence That Spending Spikes Can Derail Retirement Savings
News September 19, 2024 at 02:37 PM
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What You Need To Know
- New research finds the frequent spending spikes seen in the private sector also occur among public-sector workers.
- Particularly worrying is the common occurrence of unfunded spending spikes that can result in higher credit card debt.
- One potential solution is the promotion of emergency savings and financial wellness training.
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