Consumer spending report shows personal savings rate hits historic high, Moneywise explains how this impacts the economy Sunrise Interviews Posted: May 29, 2020 / 09:27 AM PDT / Updated: May 29, 2020 / 09:27 AM PDT BAKERSFIELD, Calif. (KGET) – David Anderson, Managing Partner with Moneywise Wealth Management, joined 17 News at Sunrise to explain how a high personal savings rate across the country impacts the economy.