If you’re trying to build wealth, your first six figures in savings is a huge milestone. That’s according to the late billionaire Charlie Munger. “It’s a b—-, but you gotta do it,” Munger told investors at an annual Berkshire Hathaway meeting two decades ago. “I don’t care what you have to do — if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit.” Must Read Munger was foc ...

CONCLUDED PCE Inflation Report: August Numbers Come in as Expected, Paving Way for Rate Cut Last Updated: 10 hours ago Personal Saving Increases, Showing a Resilient U.S. Consumer By Customer Service Customer Center Network Personal income increased by $95.7 billion, or 0.4% since last month, in August, according to the latest release by the Bureau of Economic Analysis. Disposable personal income also rose by 0.4%. Both estimates were largely in line with analyst estimates. Personal saving was $1.06 trillio ...