Over half of Americans say they're not even close to financial freedom
Over half of Americans say they're not even close to financial freedom
Over half of Americans claim they're nowhere near achieving their definition of financial freedom, with 36% saying they have less than $1,000 in their savings accounts.
You're viewing a single thread.
Over half of Americans have no goddamn idea how credit cards, interest rates, and budgeting works. These are the people that back in school would readily admit to being "bad at math" and had absolutely no interest in expanding their knowledge. They rather live above their means, but flaunt their (fake) wealth, than have people see them for what they are. I have very little sympathy for these people.
If over half of a country's population doesn't understand how essential functions of our own financial security work, that is indicative of a failed system
40+% of people polled didn't have a savings account at all, so yeah, they're dumb.