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It's scary how close to the edge so many families are.
by wisty 15y ago
It's scary how close to the edge so many families are.
- troll24601 15y agoApproximately 1/4 of Americans have no way to come up with $2,000 in 30 days. An additional 19% would need to pawn/sell possessions and/or take payday loans to raise $2,000 in 30 days. http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2011_spring_bpea_papers/2011_spring_bpea_conference_lusardi.pdf http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2011... (edited to use a freely available copy of the paper)
- deleted 15y ago[deleted]
- kstenerud 15y agoI know I couldn't come up with $2000 in 30 days (I might come close if I sold everything I own). Does that make me poor? It certainly doesn't stop me from chasing my dream.