Tragic: 47 Percent Of Americans Don’t Have Just $400 Available For Emergencies

[mannyrs13]

What if it's in Coli Cash tho?


Wage gap seems to be getting bigger and bigger and it'll continue if people are willing to do someone else's job for less pay. At my job, the company has saved so much by eliminating positions and recoding employees. They say you take this new position or this severance package. It's all a business. Get the most labor for the least expense. Hours getting cut across the board. These corporate folks know what they're doing. The less money they spend on staff means the more they can keep themselves. Problem is that with less pay and jobs, the economy doesn't grow. If one person can't afford to support another's business than the employees of that business suffer and it's a constant circle going from one business to another.

 

[beenz]

@beaniemac

I be tryin to tell yall........

 

[mortuus est]

I stopped by the mall, today, to grab some new shoes. I purchased a pair of reasonably-priced shoes.

I saw nikkas exiting the store with 3-4 bags and then hitting up other stores.

nikkas love to love fresh.

The Black community will never get it together.

loooool i dunno why but this made me laugh

 

[Mook]

Easy way i go about saving money that works for ME. Try it

• Open another bank account with an online bank.
• Destroy the debit card from said account.
• Setup weekly automatic transfers from your CURRENT bank account to the new one mentioned above. (Personally I do $75 every Monday and $100 every payday. I get paid every 2 weeks)

Just dont think about it (you won't) and it will happen I was horrible at saving money until i decided to do this back in September. As of today i have saved ...$4,577.39
Trust me if i can do this, so can you. I also have a mutual fund account that i contribute to. Ive had it for years and it's over $10K now

for years? 10k?

 

[KinksandCoils]

who the fukk doesnt have 400 dollars jesus

You are out of touch hun

 

[the cac mamba]

You are out of touch hun

i guess so

 

[ManBearPig]

I can't relate

 

[semtex]

Damn I feel rich as hell now

 

[KinksandCoils]

... if you have a job and can't put your hands on 400 thats your fault.

Bet these same people have name brand clothes, tons of food, and internet and cable.

it depends on the situation. If you are always buying clothes that's your fault. If you are not than its diff. People don't realize that when you are poor, yea you can have a savings but you got to dip into it more when you are broke

 

[↓R↑LYB]

Yeah, that sounds like bullshyt or horrible money management

Naw, it sounds like my mom growing up. Growing up poor, any emergency puts you into debt.

 

[drugxglory]

Easy way i go about saving money that works for ME. Try it

• Open another bank account with an online bank.
• Destroy the debit card from said account.
• Setup weekly automatic transfers from your CURRENT bank account to the new one mentioned above. (Personally I do $75 every Monday and $100 every payday. I get paid every 2 weeks)

Just dont think about it (you won't) and it will happen I was horrible at saving money until i decided to do this back in September. As of today i have saved ...$4,577.39
Trust me if i can do this, so can you. I also have a mutual fund account that i contribute to. Ive had it for years and it's over $10K now

I'ma try this. usually i just put $500 in my savings every check. i gotta start leaving my credit card at home too

 

[intruder]

I'ma try this. usually i just put $500 in my savings every check. i gotta start leaving my credit card at home too

If you can afford $500 a check you're good. But i find that transferring it to an account in another bank that i dont have access too helps a lot. I dont see it and sometimes eve forget that it's there.

The automatic transfer part helps me keep it going without knowing

 

[Mr. Jack Napier]

After I pay my monthly bills, whatever is leftover, gets saved in the bank. It's really not that hard to financially savy, but maybe it's just me.

*EDIT* If you have a job that matches your contribution to your 401k, use it. I have a certain percentage taken out of my check every payday that goes to my 401k. That's money that I don't even miss.

 

[MidwestD]

Bernie Sanders isn't lying when he says income inequality is the biggest moral issue of this generation :mjcrytwo:

 

[GunRanger]

If you can afford $500 a check you're good. But i find that transferring it to an account in another bank that i dont have access too helps a lot. I dont see it and sometimes eve forget that it's there.

The automatic transfer part helps me keep it going without knowing

Why not just put that money into more investments?