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Workers Focusing On Personal Debt

Investor’s Business Daily (02/04/12)

A survey by finance, accounting, and staffing firm Accounting Principals finds that U.S. workers are concerned about their personal short-term finances rather than long-term investments in 2012. Paying down personal debt, such as credit cards and other outstanding bills, is a top priority for 43% of respondents, according to the survey. Only 27% of workers plan to put money away in an emergency savings fund, while 23% plan to contribute to their company’s 401(k) plan.