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On the other hand i predict there will be a huge surge in tourism and partying. Also, not everyone has insufficient savings.
by Tepix 7y ago
On the other hand i predict there will be a huge surge in tourism and partying.
Also, not everyone has insufficient savings.
- yulaow 7y agoI am willing to bet more than 50% of people have not enough saving for a crisis long 8-12 months
- rdthree 7y agoThat’s an easy prediction I think nearly half of Americans don’t have 500 in savings. That number is 80-90%
- jawns 7y agoMore than 50% of Americans making less than $50K say they can't afford to miss a single paycheck. About 30% say they have absolutely zero emergency savings. I would expect that the number of working Americans with emergency savings to cover even six months of expenses is fewer than 1 in 10. Granted, there are options such as HELOC, tapping 401k, etc. But most of us are grasshoppers, not ants. Granted,
- rocketpastsix 7y ago68% of Americans dont have enough to cover a $500 surprise bill [0]. A lot will rely on credit availability which will worse that impending crisis. 0: https://www.forbes.com/sites/maggiemcgrath/2016/01/06/63-of-americans-dont-have-enough-savings-to-cover-a-500-emergency/#46f9aabf4e0d https://www.forbes.com/sites/maggiemcgrath/2016/01/06/63-of-...