http://www.ebri.org/publications/ib/index.cfm?fa=ibDisp&content_id=4488
MORE PEOPLE HAVE NO SAVINGS AT ALL: An increased percentage of workers report they have virtually no savings and investments. Among RCS workers providing this type of information, 27 percent say they have less than $1,000 in savings (up from 20 percent in 2009). In total, more than half of workers (54 percent) report that the total value of their households savings and investments, excluding the value of their primary home and any defined benefit plans, is less than $25,000
I can understand a 20 or 21 year old kid would fall in that category. Other than that I have no understanding how an adult could live like that.