Who’s right or wrong in this story aside, I have a rhetorical question. Does no one set money aside and or have savings for an emergency such as this? Everybody lives paycheck to paycheck nowadays? Ok that’s two questions but still....it hasn’t been that long yet and people already can’t make ends meet. I could see it if we were a few more months in.
A vast majority of Americans, including myself never had the financial stability to save 3 to 6 months rent or expenses.
I managed to save 2 months. Gone now to maintain my mortgage, rent, car payment and family expenses for the past two months.
Only possessions left in the US are a 2006 shitmobile car, 2 laptops (no resale value, no one wants a 2-year Gaming laptop with an Arabic keyboard), and 2 suitcases full of clothes. That’s it.
30 million Americans suddenly unemployed. Who can plan for that?
“Does no one set money aside and or have savings for an emergency such as this?”
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The short of the long is that many folks are like the grasshopper in that they think Winter will never come.
My beloved explained to me quite early on in our marriage putting purchases on credit cards can kill a person’s future.
I would try to explain that to the women (and some men) who did not see the wisdom of participating in my company’s matching funds program. It was like trying to teach a dog to speak another language other than barking.
Who wouldn’t see the wisdom of putting away 6% of their paycheck with the company matching 80%? A lot of folks.
Don’t mean to disparage pooches, by the way. LOL
Does no one set money aside and or have savings for an emergency such as this? Everybody lives paycheck to paycheck nowadays?
From what I’ve read, at least half of the country lives that way. No savings, to speak of.
Prolly a big percentage of those folks are libs, so there’s that.
Scary, isn’t it?
What’s Dave Ramsey’s recommendation? To have at least THREE months of expenses saved up.
I’d venture to guess that these folks, in half the country’s population, don’t have even one month saved.