Do you have a good savings rate? What is a good savings rate anyway? In this episode, learn why a high savings rate is so critical — and how to secure one for yourself.

In today's episode, you'll find out:

• How do you define a savings rate?
• The history of savings rates in the U.S.
• How advertisements might have affected savings rates
• Where the current average national savings rate has settled
• How having six figures of student loan debt should affect your savings rate
• The saving statistics of the Student Loan Planner audience
• Our recommended savings rate
• How savings rates affect taking risks or changing your situation
• What a savings rate can get you in terms of retirement
• Five ways to fix a bad savings rate
• Why a savings rate is more important than a student loan strategy
• How to start saving with a better rate
• Why avoiding money paralysis is imperative
• Why considering a fee-only fiduciary financial planner is wise

Full show notes at: http://studentloanplanner.com/35