Showing posts with label emergency expense. Show all posts
Showing posts with label emergency expense. Show all posts
Thursday, December 8, 2022

If you haven't saved enough for an emergency, it's on you, and borrowing money for an emergency when you have it is another stupid thing which is on you

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Two stupids don't make a smart.   “It’s a terrible idea to take money out of your 401(k),” said Ted Jenkin, a certified financial plann...
Sunday, June 5, 2022

LOL, inflation means the $400 emergency you couldn't afford in 2019 under Trump now costs $1,000 under Joe Biden

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Thursday, October 24, 2019

In 2018 68% of Americans couldn't afford a vacation, a concert, a ball game or even dinner out and a movie

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Here at home, we see the ever-widening gap in our wealthiest cities — New York, San Francisco, LA — which are suffering from homeless crise...
Tuesday, April 26, 2016

Scott Winship in National Review thinks only 37% can't cover a $400 expense, not 47%

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The toxicity of "47" from the 2012 election remains. Here . How still over a third is hard put to come up with $400 fo...
Wednesday, April 20, 2016

47% would have to borrow the $400 for an emergency, sell something, or not be able to pay it

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There's that number again. And you thought the answer to everything was 42. Story here .
Wednesday, June 22, 2011

Do You Save $1,400 Each Year For Retirement?

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I didn't think so. Half of the country can't scrape together $2,000 for an emergency let alone for retirement. Meanwhile, $2,000 rep...
Wednesday, May 25, 2011

Nearly 50 Percent of Americans Can't Come Up with $2K for an Emergency

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Story here . NBER paper here .