A Boring Dystopia

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56% of Americans can't afford a $1,000 emergency expense: We are 'living in a paycheck-to-paycheck nation,' money expert says (www.cnbc.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 15 points 1 year ago

This number has been steadily increasing over time. It was 30% in the 90s, 40% in the 2000s. Then with the ‘08 recession and onslaught of shit since then, it spiked up into the 60s for a while around ‘21. I am surprised it’s back down into the 50s again, but maybe that speaks to just how little $1k can buy you after the exploitative price gouging of the past few years.