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65% of Americans limit monthly spending

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(CNBC) — In this climate, who knows what lies ahead, so many Americans are choosing to play it safe.

 

To that end, nearly 2 in 3 Americans are limiting their monthly spending, according to a new report by Bankrate.com.

 

The majority of those polled cited the need to save more money as the reason behind a more cautious approach to spending, while one-quarter blamed stagnant income, followed by worries about the economy and having too much debt.

 

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