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62% of Americans Have Under $1,000 in Savings
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shiftyeagle Offline
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Posts: 14,572
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I Root For: Southern Miss
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Post: #141
RE: 62% of Americans Have Under $1,000 in Savings
(10-14-2015 08:28 AM)VA49er Wrote:  
(10-14-2015 07:57 AM)South Carolina Duke Wrote:  
(10-13-2015 03:24 PM)shiftyeagle Wrote:  Most of this 62% probably has no savings because they're financing everything they buy. You know.....being stupid with their money.

"Nuffin in savings, but I got me a Benz on a lease for $500/month after puttin' $6,000 down at signing and furniture I payin' off for $200/month."

Idiots.

This .....

and then add in the mortgage that they will never pay off until they are in their 70's. And their Equity Line and credit cards with about 20k revolving balances.

Folks living the American Dream alright!!

No worries, when it all crashes and burns, gain, those folks will just complain and blame everyone else for their own stupidity.

Yup. The responsible folks, either directly or indirectly, will take the brunt of the negative effects from such idiocy.
10-14-2015 12:28 PM
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