56% of Americans can't afford a $1,000 emergency expense: We are 'living in a paycheck-to-paycheck nation,' money expert says
56% of Americans can't afford a $1,000 emergency expense: We are 'living in a paycheck-to-paycheck nation,' money expert says
The current economic environment is ideal for shopping around for high-yield savings products and building your emergency savings.
![56% of Americans can't afford a $1,000 emergency expense: We are 'living in a paycheck-to-paycheck nation,' money expert says](https://lemmy.world/pictrs/image/8cea19e3-6e33-4c00-9fd3-71a44ac4ff60.jpeg?format=webp&thumbnail=256)
Ok let's poll Lemmy. Upvote me if you can. Downvote me if you can't. I can so I'll keep my own upvote.
104 0 ReplyCan’t see downvotes, assume everyone is okay. New article: 190% of people on Lemmy can afford a $1,000 emergency expense
Edit: 190% was a typo, but leaving it in there
20 0 ReplyLemmy attracts wealthy intelligent people.
9 0 Reply
Is the poll for americans only?
9 0 ReplyI would assume since that is what the article is about. Idk
6 0 Reply
Yea that's how the 1% wanted it to be, they got it.
46 0 Reply"We did it boys! Maximum efficiency! We extract literally every dollar possible from the peons! They have nothing left when we're done!"
11 0 Reply
Ah, I was wondering what dystopia felt like. Now I know I'm living in one
32 0 ReplyYou ain’t seen nothing yet
16 0 Reply
this is an excellent time to introduce the idea that The Purpose Of A System Is What It Does. Not what it claims to do. Not what it tries but fails to do. What it does. You can be confident that every system is operating as-designed, doubly so when the "failures" of the system benefit the designers.
26 0 ReplyWe’re fucked. But Lonnie can still buy a company and run it into the ground, so the system works!
20 0 ReplyWhat's so frustrating is watching people online ridicule the perception that we're not doing great collectively as a nation. If the bottom falls out and the 56% get wrecked financially the other 44% are going to feel it. And having anxiety about that is perfectly understandable.
16 0 ReplyThe other 43% will feel it, the 1% will profit enormously when they pick up their assets for pennies on the dollar
7 0 Reply
Wait, don't worry! The economy is doing great. Whew. Disaster averted!
13 0 ReplyTrickle down economics to the rescue. Phew!
10 0 ReplyAmerica didn't get rid of slavery, they changed it to wage-slavery.
8 0 ReplyAnswers by survey... I'm not sure exactly how much I trust those results in either direction.
4 0 Reply