EMPTY POCKET SYNDROME: AMERICANS ARE LIVING PAYCHECK TO PAYCHECK; HALF CAN NOT RAISE EVEN $2,000 FOR AN EMERGENCY!

Americans are living paycheck to paycheck according to a recent survey.

Almost half of Americans surveyed recently, said that they were not confident that they could raise $2,000 within a MONTH in a crisis, like having an unexpected medical bill, a furnace repair, an emergency car repair or anything unexpected!

This inability to raise the cash included not being able to have sufficient credit card credit, access to loans from friends and relatives or access to any ability to sell assets to get the funds.

Also, surprisingly, 25% of people surveyed who made between $100,000-$149,000 also admitted that they too, would not be able to raise that same $2,000!

Researchers who evaluate these types of statistics were stunned by the results, since in previous surveys, the question was typically asked on the basis of " do you have $2,000?", rather than can you get access to $2,000....so it is quite revealing that fully 46% of the representative population is living in such a tight financial position.