[Responsibility2nd]

Good article here...

 

Most Americans have less than $1,000 in savings

Wednesday, October 07, 2015 11:08:27 PM      · by TigerClaws      · 27 replies

MarketWatch ^

      Americans are living right on the edge — at least when it comes to financial planning. Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account, according to a new survey of more than 5,000 adults conducted this month by Google Consumer Survey for personal finance website GOBankingRates.com. “It’s worrisome that such a large percentage of Americans have so little set aside in a savings account,” says Cameron Huddleston, a personal finance analyst for the site. “They likely don’t have cash reserves to cover an emergency and will have to...

 

 

If this is true, I'd say that 62% of Americans are poor.

[Responsibility2nd]

Another good article that defines "Poor".

 

Nearly Half of Americans Are ‘Financially Fragile’

Wednesday, May 25, 2011 1:46:22 PM      · by rightwingintelligentsia      · 143 replies

Wall Street Journal Blogs ^ | May 25, 2011 | Phil Izzo

      Nearly half of Americans say that they definitely or probably couldn’t come up with $2,000 in 30 days, according to new research, raising concerns about the financial fragility of many households. In a paper published by the National Bureau of Economic Research, Annamaria Lusardi of the George Washington School of Business, Daniel J. Schneider of Princeton University and Peter Tufano of Harvard Business School used data from the 2009 TNS Global Economic Crisis survey to document widespread financial weakness in the U.S. and other countries. The survey asked a simple question, “If you were to face a $2,000 unexpected expense...