This study examined differences in financial resources, assets, savings attitudes, methods of saving, and demographic characteristics of low-income families from different regions in the United States. Further, the effects of these variables on nominal and real savings for families in each region were analyzed. Chi-square results indicated that families from the South were less likely to have private or employer-sponsored health insurance and VA medical benefits. Families from the South were also less likely to own assets and save; however, more southern families than nonsouthem families said they would increase savings if interest rates increased. Regression results indicated that nonsouthern families who received Medicare and had stocks and/or mutual funds were more likely, and those who had IRAs and/or Keoghs, profit sharing and/or thrift accounts, and were older were less likely to increase savings. None of the variables were statistically significant predictors of increase in savings for southern families.

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