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| Topic | Why are Americans typically bad with money? |
| Twin3Turbo 08/31/17 12:21:31 PM #17: | In my previous profession, I regularly worked with people with household incomes ranging from 35k to 500k. Money itself (or not having enough) is not necessarily the problem. People just spend spend spend. They get a $1.00, they spend $1.10. I can recall several specific instances of people making well over 100k and literally not having 2-3k in the bank for emergency savings. We would go through their income and expenses and it's just crazy how much people live check to check. People are just programmed to spend and "keep up with the Jones" if that makes any sense. --- ... Copied to Clipboard! |
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