76% of Americans living paycheck to paycheck

Street Knowledge

Superstar
Supporter
Joined
May 2, 2012
Messages
24,778
Reputation
1,897
Daps
59,405
Reppin
NYC
http://money.cnn.com/2013/06/24/pf/emergency-savings/index.html

Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.



Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.
 
Joined
Jun 8, 2012
Messages
19,502
Reputation
10,884
Daps
65,143
Reppin
VOID
More fun facts about the USA!!

-Over 90 million Americans out of work (almost a third of the nation’s population)
-Over 101 million Americans on food stamps
-Most new jobs created since the 2008 crash are low wage part time jobs
-Student loan debt has surpassed 1 trillion dollars and growing (surpassing the nation’s credit card debt)
-Unaffordable education and rising living costs
-Leading nation in prison industrial complex
-Over 40 million Americans without health insurance (and the USA being the only Western nation without universal healthcare)
-Over 1.3 billion dollars given towards miltary industrial complex
-Over 1 billion dollars given as foreign aid towards Israel
-Since Clinton, Bush and Obama, we have seen deregulations, corporate bailouts, bonuses for bankers and tax breaks for corporations.
 
Top