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| Welcome to Monday, Daily Money readers. Hope you had a restful weekend. It's Brett Molina back with Money and Tech headlines to start your week. |
| The COVID-19 pandemic and economic anxiety that comes with it has prompted Americans to save more money. In April, the portion of monthly income that went to savings hit a record 33.5%, Commerce Department figures show. Although it's declined since then, the savings rate hit 19% in June. That's still significant considering the savings rate before the pandemic was 7.5% of income. |
| College students aren't typically known to have lots of money under normal circumstances. But as the pandemic rages, students face an even greater strain on their finances. |
| Finally, mortgage rates remain at historic lows. Here's how to tell whether you are ready to refinance. |
| Want more Money and Tech headlines? Keep scrolling. |
| Brett Molina, Money/Tech editor |
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