 TITLE: Experian Survey: How Is the Pandemic Affecting Personal Finances? CONTENT: Unemployment and Reduced Wages Cause for Reduced Savings Contributions\n----------------------------------------------------------------------\nThough 28% of respondents said they've contributed more money to savings this year compared with the same time last year, 32% said the amount they're saving hasn't changed. A big share of respondents said they were either saving less than last year (20%) or not at all (19%).\nWhen asked to explain why they had stopped or reduced their savings during this time, 21% said they had become unemployed during the pandemic and 38% said they had lost hours or wages due to the COVID-19 pandemic; 32% said it was due to increased everyday expenses; and the remaining 8% cited other reasons. END