One Pandemic Lockdown Plus: Many Are Boosting Savings

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One Pandemic Lockdown Plus: Many Are Boosting Savings
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The coronavirus lockdown’s biggest financial beneficiaries are those who are seeing their spending drop while their income is holding steady

Against all odds, Britton Carver’s finances are in great shape. Yes, the Brooklyn waitress is still waiting to be called back to her restaurant job. And her unemployment pay falls well short of what she had been earning before she was furloughed in mid-March. But while stuck at home, she still has managed to grow her savings by $7,000.

“I just got really excited and into lowering my expenses,” says Ms. Carver, who is 29 years old. “It became a game—how little money can I spend?”

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