savings

  • Post

    NASBO: N.C. has largest rainy day fund balance in Southeast

    The National Association of State Budget Officers (NASBO) Fiscal Survey of the States Spring 2018 is out! With a rainy day fund balance of over $1.8 billion, North Carolina has the best funded rainy day fund of any state in the Southeast.  Florida is second with $1.4 billion. North…
    Terry Stoops, June 18, 2018
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    NC can take a lesson from Wyoming

    A new article from Governing, touches on rainy day funds and when it is time to use the funds set aside by state’s. North Carolina put aside millions into its rainy day fund, to offset an unforeseen natural disaster or another recession.  Now the question that must be raised…
    Sarah Curry, September 24, 2015
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    Savings Rate Declines after spike in savings due to the Great Recession

    A study was released on Monday stating that 76% of Americans are living paycheck-to-paycheck.  This reminded me of when I worked as a teller at a bank.  To my surprise, many people would have to ask for their balance every time they came into the bank to make sure…
    Sarah Curry, June 26, 2013