re: The Percentage of Americans With Less Than $1,000 in Savings Is Shocking

maybe because banks only pay 0.00000000001% interest on your money

every time i get paid i take it all out because i rather put it to use then earn nothing on it in the bank

banks start paying 4-5% on savings and watch how fast they find bank accounts overflowing with money

but its also part of the credit card world we live in, cash isnt something you need or use much anymore