Even in good times it's tough to choose between paying down your debt and increasing your savings. But despite the struggling economy these days, Americans are managing to do both. That presents a new conundrum: where to store your growing savings?Through December 2008, Americans managed to string together three straight months of debt reduction for the first time since 1991. At the same time, we managed to boost our personal savings rate to a national average of 3.6% of disposable personal income in December 2008. That's a significant increase from savings rates in recent years -- including a dip into negative territory back in the third quarter of 2005.
Where to Put Your Savings Now
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