I read that half of Americans couldn’t cover an unexpected $1,000 expense. This sounds crazy to me. I understand that poverty exists, but the idea that an adult with a job doesn’t even have that amount saved up seems really strange.
What’s your relationship or philosophy with money? What do you credit for your financial success, or alternatively, what do you blame for your failures?
For the extra brave ones: how much savings do you have, and what are you planning to do with them?
It is crazy given my healthcare costs are 2k. I pretty much have a monthly nut of 6k and my wife and I do not live a lavish lifestyle oh and I won’t be able to work much more before I will have to figure out retirement. I will be in ruin if I can’t produce thousands a month.