Jump to content

The Percentage of Americans With Less Than $1,000 in Savings Is Shocking


Recommended Posts


What people say and what people really have are two different stories. If they called me and I said I'm 900 quadrillion dollars in debt, doesn't make it true. Worse yet, if they took my 900 quadrillion and added it in to what all Americans owe, their next article will say the average American is hundreds of millions in debt.

Link to post
Share on other sites
  • 3 months later...

Things I've seen today that tell me many don't have so much as $20 saved.

 

1. Saw a nice family today finally cleaning the inside of their car today. They were scraping it for change. Had a jar on the roof of car to place said change.

 

2. Neighbors discussing they are piss broke until a check comes to stimulate them.

 

3. Two neighbors approached me asking where would be a good spot within reasonable walking distance to hide their cars from the repo man.

 

4. Tenants having friends and family moving in. I guess splitting the rent 20 ways helps lower costs. I'm told apartment management is gonna start to fix this on Monday before it gets out of hand. Our leases have wording that deals with this. Moratoriums or not. I suspect, some obscure occupancy fire codes are gonna get used to send people packing. 

 

In other news, this social experiment we are all in right now has inspired me to prepare a nice eastern bloc meal for dinner.

 

 

 

 

Link to post
Share on other sites
7 hours ago, TheVig said:

Things I've seen today that tell me many don't have so much as $20 saved.

 

1. Saw a nice family today finally cleaning the inside of their car today. They were scraping it for change. Had a jar on the roof of car to place said change.

 

2. Neighbors discussing they are piss broke until a check comes to stimulate them.

 

3. Two neighbors approached me asking where would be a good spot within reasonable walking distance to hide their cars from the repo man.

 

4. Tenants having friends and family moving in. I guess splitting the rent 20 ways helps lower costs. I'm told apartment management is gonna start to fix this on Monday before it gets out of hand. Our leases have wording that deals with this. Moratoriums or not. I suspect, some obscure occupancy fire codes are gonna get used to send people packing. 

 

In other news, this social experiment we are all in right now has inspired me to prepare a nice eastern bloc meal for dinner.

 

 

 

 

Getting harder and harder to hide from the repo man.  Most cars manufactured within the last 7 years or so have GPS systems and black boxes, and they phone home until the loan is paid off.  Many even have kill switches so if you stop paying, the car won't work.  In another 5-10 years, the cars will just drive themselves back to the dealer if you stop payments. But by about that time, the whole concept of car ownership will begin to change, and most people may just subscribe to autonomous car services.

Link to post
Share on other sites

Buddy that normally makes comments like you got money why don't you buy a nice new truck or a nice house with some land. Said hes going to have to start giving handies for $20 if work doesn't pick up. Hes an essential service but they're slow because of demand so his hours are cut drastically.

Link to post
Share on other sites
56 minutes ago, oldblue said:

Buddy that normally makes comments like you got money why don't you buy a nice new truck or a nice house with some land. Said hes going to have to start giving handies for $20 if work doesn't pick up. Hes an essential service but they're slow because of demand so his hours are cut drastically.

 

IME people that make comments like that are typically on the brink even when times are good.

Link to post
Share on other sites
  • 1 month later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




  • Member Statistics

    • Total Members
      180,569
    • Most Online
      2,046

    Newest Member
    CandiedCredit
    Joined
×
×
  • Create New...

Important Information

Guidelines