62% of Americans have less than $1000 in savings
- Thread starter Koba St
- Start date
If it's the leading cause of bankruptcy would it not stand to reason that it's the leading cause of financial trouble for people?Yea 62% of Americans don't have $1k in savings primarily because of medical bills
You're either dense or live under a rock if you don't believe that spending is a huge problem in the capitalist Capitol of a the world.
Believe what you want to believe but don't quote me with dumb shyt
Also I shouldn't have to remind anyone the median income for a family of 4 is $50,000 while wages are stagnant and cost of living keeps rising
this is a misleading stat people got debt but they own houses, net worth
also the average coli use has at least $250k in each of their accounts
- blackierobinson
also the average coli use has at least $250k in each of their accounts
- blackierobinson
62% percent of Americans = 186 million people. Well roughly cut that in half at about 100 million adults.
Last year all bankruptcies filed totaled ~930k
I'm not an stem major but I don't think bankruptcies caused by medical problems is a that big of a problem in the grand scheme of things.
Now I could see how student loans would factor into things but that still doesn't change anything I've stated
Valuing material shyt over security isn't a theme that is repeated ad nauseam in capitalism now?
What does this have to do with capitalism?
MalikReloaded
All Star
Most Americans have less than $1,000 in savings
That is just disgusting man. How do not have $1,000 in the bank at the very minimum
That is just disgusting man. How do not have $1,000 in the bank at the very minimum
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women wasting all the mans money
- blackierobinson
- blackierobinson
ben anderson
Superstar
pathetic lmao.
beenz
Rap Guerilla
This thread has been done to death, but that number is alarming.
the cac mamba
Veteran
i agreeMost Americans have less than $1,000 in savings
That is just disgusting man. How do not have $1,000 in the bank at the very minimum
and im not talkin about people who have it fukked up. im talking about the people i know who easily COULD, but cant even go a month without spending money on bullshyt to get outa the paycheck to paycheck life
Entrapta310
:umad?:
that's america. where you can live without actually having money in the bank or a savings account and still get by.
not everyone has a bank account or puts the money in the bank. some people still cash their pay at a register.
they should redo the percentage to exclude those who HAVE money but dont put it in the bank.
some people live off money orders and ish like that paying the bills, you have no idea.
and was the legit question about 62% being POOR and having under a g?
or was it about just not putting extra money in the bank?
and 21% not having an account are the ones i'm talking about above.
not everyone has a bank account or puts the money in the bank. some people still cash their pay at a register.
they should redo the percentage to exclude those who HAVE money but dont put it in the bank.
some people live off money orders and ish like that paying the bills, you have no idea.
and was the legit question about 62% being POOR and having under a g?
or was it about just not putting extra money in the bank?
and 21% not having an account are the ones i'm talking about above.
MalikReloaded
All Star
I didn't get out of it until 25. Its really a sickness tbh. The feeling that you have to have things and spend all the money you have each week. I shudder when I speak to people who still have the same mindset. It's a blessing to get paid and you're like whatever about it. Ideally, you're supposed to have at least 12 months of expenses saved up. If nikkas don't even have $1,000, a lot of people are fukked if they get fired.