The economy has gotten better under the current administration. However, there are still millions of Americans that are struggling living paycheck to paycheck and it is nearly impossible to save money when you are barely able to feed your family and pay household bills. Going forward with knowledge and a plan in case of an income crisis is possible. Sometimes, we can save other things of value in case we have to barter. Brush up on skills that would be a supplemental income if your current employment is gone or you need alternative income streams.
- Many people around the world are financially quite poor, but few people will be as bad off as Americans.
- Living paycheck to paycheck, with many dependent directly on government handouts, people in the United States may prove to be less prepared.
- A brand new survey has found that 69 percent of all Americans have less than 1,000 in savings.