ExFlyBoy5
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This article rehashes the findings that a lot of Americans couldn't come up with $400 if they had to. Yes, it's as bad as a Marketwatch click bait article, but there isn't a lot of financial news on a Sunday.
Spoiler alert....the reason people can't come up with money? Debt. Big, BIG surprise...right?
https://www.cnbc.com/2019/07/20/her...ans-cant-handle-a-400-unexpected-expense.html
Spoiler alert....the reason people can't come up with money? Debt. Big, BIG surprise...right?
https://www.cnbc.com/2019/07/20/her...ans-cant-handle-a-400-unexpected-expense.html
Some 40% of Americans would struggle to come up with $400 for an unexpected expense. Just how are so many Americans so short on cash? Anqi Chen at the Center for Retirement Research at Boston College recently tried to answer that question. The researchers landed on a plausible cause for why so many Americans are living paycheck to paycheck: debt.