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Bankrate Incorporated
Study: Baltimore-area residents could save a lot more than they do
Study: Baltimore-area residents could save a lot more than they do

A typical Baltimore-area resident is in the best position to save money compared with people living in other big metro areas, but many aren't taking advantage of that opportunity, according to an analysis by Interest.com. The site, owned by Bankrate Inc., said the typical household in the Baltimore metro area could save about $24,000 a year based on median expenses and after-tax income. That was No. 1 among 18 large regions the company analyzed. No. 2: Washington, with a "savings opportunity" of nearly $20,000. "Both the Washington and Baltimore metropolitan areas include some of the wealthiest suburbs in the nation," Interest.com noted. "But even less...

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