[GregWeld]

I doubt anyone reading this thread is in this situation -- but if they/you are.... they/you only have yourself to blame. Saving and investing is a discipline... if you have no discipline... Well.... good luck 'cause you're going to need it.




62% of Americans have less than $1,000 in a savings account. Even at higher income levels of between $100,000 and $149,999, 44% had less than $1,000.


66 million Americans have zero dollars saved in an emergency fund. 47% of Americans could not afford an emergency expense of $400.


43% of working-age families have no retirement savings at all. The median working-age couple has saved only $5,000 for retirement. 70% of couples have less than $50,000 saved.


65% of credit card users carry a balance (don’t pay off their bill every month), paying an average interest rate of over 15%. The average credit card debt for households that carry a balance is $16,048.