Households making more than $100k = 38% would have some difficulty coming up with $1000

[UMTerp01]

15. Ok. I accept that.

Of course there are things that happen that make it very difficult for people to save or be able to maximize their money. However, there are a lot of people who live beyond their means. I'm not really talking about those who make $50,000 or less. I mean I don't know how people do it. Wages have been stagnant and the cost of everything else has gone up. I'm more so talking about people who do make a decent income but buy a house the size they really don't need or buy an expensive car that they really don't need or rely too much on credit for things they really don't need. I'm talking about the people who do have the means to save but are literally not making wise decisions with their money and then find themselves in an emergency situation and have no savings.