“The recession that just rocked the U.S. economy happened in part because Americans were borrowing and spending more than they could afford. Now, three years after the downturn began, families are moving faster than many analysts had expected to put their finances in order by paying down debt and boosting their savings.”

What do you think?

Are you saving more? Spending less? Do you think saving is good for the economy?

Tags: debt, saving, savings rate