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A Savings SOS: Parents Struggle with Savings Inertia, According to Vanguard Survey

August 20, 2025Parents spend more than expected on child-related expenses while their hard-earned savings often lose value in traditional bank checking and savings accounts that trail the pace of inflation.VALLEY FORGE, PA (August 20, 2025)—Parents are overwhelmed with expenses, with nearly 70% spending more than expected on their children this year, according to Vanguard’s new consumer survey. Parents are also missing out on opportunities to earn strong returns on their savings with more than 70% of