This is known as bull shit click bait reporting:
The national savings total has dropped over $100 billion in one month — don’t run out of your savings at the wrong time.
Reality, with context
Can you see why this might be bull shit reporting made with intentionally scary headline clickbait by leaving out the context? This chart is not the same as the one the reporter mentions but the Personal Savings rate data tells the story.
The reporter has a Masters in Economics and should know better than report the story like this. With context you see the artificially high peak created by government money printing and “stimulus checks” where the government loaned you your future tax contributions (minus the value inflated away by the inflation inducing money printing).
