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Around the Internet => Antimustachian Wall of Shame and Comedy => Topic started by: fartface on November 14, 2014, 06:40:21 AM

Title: Dangling on the Edge of Financial Ruin
Post by: fartface on November 14, 2014, 06:40:21 AM

http://finance.yahoo.com/news/nearly-half-us-dangling-edge-210100283.html

"20% of those surveyed who make more than $200,000 per year, said they save rarely, inconsistently, or not at all. One in four consumers with a graduate degree actually couldn’t miss a single month of paychecks without having to borrow or sell assets."

Title: Re: Dangling on the Edge of Financial Ruin
Post by: jda1984 on November 14, 2014, 08:59:57 AM

Wow, one in five would rather go to the dentist than to spend 30 minutes learning financial literacy...yet that is exactly what causes these problems.  Otherwise, not very surprising.

Title: Re: Dangling on the Edge of Financial Ruin
Post by: sekritdino on November 16, 2014, 02:51:21 PM

1. What in the flying fuck?!
2. OP, your user name made me literally lol.

Title: Re: Dangling on the Edge of Financial Ruin
Post by: sekritdino on November 16, 2014, 03:00:21 PM

"The study put some of the blame for Americans’ failure to save on a lack of financial skills."

Some of the blame? SOME of it?!?! Are you friggin' kidding me? If you're blowing 200 grand a year and not saving anything it is 100% your fault for being an idiot.