The growth of the womanâs movement, and its impact on the consciousness of African-American women in particular, helped fuel a âblack womenâs literary renaissanceâ of the 1970s, beginning in earnest with the publication of âThe Bluest Eyeâ (1970), by Toni Morrison.
Even if you started saving every month since your childâs birth and earned an annualized average return of 7 percent, you have to put away $215 each month for college savingsâand thatâs for only one child attending a public college.
Average Balances. The average savings account balance in the U.S. was $5,923 in 2011, according to a 2012 report by Pitney Bowes, a document-management services company. This represented an increase of just under 3 percent from the $5,753 balance in 2010.