Do you earn an allowance? Do you save part of your allowance? Maybe it’s time to start thinking about doing so.
Some surprising facts: 71% of the people in the U.S. are concerned with having enough money to cover everyday costs. 47% of the people in the U.S. would not be able to pay for a $400 emergency without selling or borrowing. Over 25% of the people in the U.S. would not be able to come up with a way to get $2,000 in 30 days. Of that 25%, 19% would not be able to do it without selling or borrowing.
A myth says that Americans can’t save, but they always did until recently. Why don’t Americans save?