[Guy]

Originally Posted by Razor

According to the Bureau of Economic Analysis (the source of the chart; sorry for not footnoting that earlier):

Personal saving is the amount left over from disposable personal income after expenditures on personal consumption, interest, and net current transfer payments. This amount is available to acquire financial assets such as bank deposits and mutual funds, to use towards acquiring a home, or to reduce liabilities by repaying principle on mortgages or consumer debt.
If expenditures on personal consumption, interest, and net current transfers exceed disposable personal income in a quarter, personal saving will be negative. This can occur because current income is not the only possible source of funds for consumption expenditures. Although spending must eventually fall back into line with income, households can spend more than their after-tax income for a time by withdrawing deposits saved in previous periods, by selling financial or tangible assets, or by borrowing.

So I read that to say that personal savings are what you have left over from your gross income after paying all the various personal (i.e., non-business) taxes (not including OASDI), buying "stuff", paying interest on loans and paying off your credit cards. I interpret that to mean personal savings include the money available for investments, but I'm open to suggestions otherwise if someone knows differently. Guy "Gordon Gekko" Jones, any input?

I'll run this by some mentors this week.

Stay safe.