I read that half of Americans couldn’t cover an unexpected $1,000 expense. This sounds crazy to me. I understand that poverty exists, but the idea that an adult with a job doesn’t even have that amount saved up seems really strange.
What’s your relationship or philosophy with money? What do you credit for your financial success, or alternatively, what do you blame for your failures?
For the extra brave ones: how much savings do you have, and what are you planning to do with them?
Why does everyone think it’s this huge hassle to open a new checking or savings account? Takes like 30min.
It is a huge hassle to move every single auto pay, deposit, etc. to a new account.
Ah yeah I guess it’s easier when everything is on a credit card and you just use your checking to pay off your credit card.