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Survey: 40 Percent Of Americans Have $500 Or Less In Savings
CBS Local ^
| October 19, 2012
| John Ostapkovich
Posted on 10/19/2012 12:31:42 PM PDT by rightwingintelligentsia
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To: rightwingintelligentsia
During the next Obama term, those with $500 in savings will be the “new rich.”
2
posted on
10/19/2012 12:35:20 PM PDT
by
Huskrrrr
To: rightwingintelligentsia
40% have less than $500 in savings? I find that very hard to believe, just like the 1 in 5 people going hungry statistic.
3
posted on
10/19/2012 12:38:27 PM PDT
by
Brooklyn Attitude
(We won't stand for biased umps fixing a ball game but we allow a biased media to fix elections.)
To: rightwingintelligentsia
To: rightwingintelligentsia
Wow.
My checking account alone has a $1,000 buffer in it. I have another $10,000 in a savings account for emergencies, like failing appliances.
It wasn't hard to build up that kind of cushion. I just spent less than I took home in my paycheck, for my entire working career.
5
posted on
10/19/2012 12:39:43 PM PDT
by
justlurking
(The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
To: Huskrrrr
During the next Obama term, those with $500 in savings will be the new rich. That's a terrifying thought...
To: rightwingintelligentsia; Huskrrrr; Brooklyn Attitude; Uncle Slayton
7
posted on
10/19/2012 12:40:53 PM PDT
by
sam_paine
(X .................................)
To: Huskrrrr
During the next Obama term, those with $500 in savings will be the new rich. ... and targets for an 0bama/Biden tax increase.
8
posted on
10/19/2012 12:41:57 PM PDT
by
The Sons of Liberty
("Get that evil, foreign, muslim, usurping, gay commie bastard out of MY White House!" FUBO!)
To: Brooklyn Attitude
I’m rather skeptical myself.
But maybe if they only polled Obama voters, it might be accurate.
9
posted on
10/19/2012 12:41:57 PM PDT
by
rightwingintelligentsia
(Be careful of believing something just because you want it to be true.)
To: rightwingintelligentsia
But they have at least that much in “balance available” on their credit cards. Isn’t that the same thing?
10
posted on
10/19/2012 12:44:08 PM PDT
by
sphinx
To: rightwingintelligentsia
Next question should be...how many Mocha Grande Frappichinos did they buy last year?
11
posted on
10/19/2012 12:45:00 PM PDT
by
riri
(Plannedopolis-look it up. It's how the elites plan for US to live.)
To: justlurking
The last 4 years cost my family our savings. Kept dipping into it to make up for 28 hour work weeks.
It happens.
To: rightwingintelligentsia
This is a number that I actually can believe. While many people truly do live paycheck to paycheck, the freeloader segment is so permanently irresponsible, that if they found $500 on their doorstep, it would never occur to them to set it aside for a rainy day. Their perception is that they “need” and “deserve” to have the latest cell phone, a bigger flat screen television, new rims for the about to be reposessed car in their driveway, or just a damn good partying night out since waiting on the next handout is damn stressful!
13
posted on
10/19/2012 12:48:01 PM PDT
by
festusbanjo
(Romney has run a business, a state, and an Olympics. Obama has never run anything but his mouth.)
To: justlurking
Obama printing and borrowing trillions in $ will ensure that your savings and everyone’s become worth 0. Gas and food prices already rising as the dollar will be worthless.
6 trillion in new obama debt
14
posted on
10/19/2012 12:48:45 PM PDT
by
rurgan
(Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
To: justlurking
Unemployed people do not get a paycheck. They live off their savings. After four years of the O’Bumbler nightmare having $500 would be allot for many people.
15
posted on
10/19/2012 12:50:44 PM PDT
by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
To: rurgan
Most of mine is tied up in precious metals.....silver....nickle.....copper.
It`s in that big jar by the fireplace.
16
posted on
10/19/2012 12:51:12 PM PDT
by
Einherjar
( Asking only workman's wages I come looking for a job But I get no offers...)
To: Conscience of a Conservative
Look on the bright side, now that we’ll be rich, maybe we can date supermodels :)
To: rightwingintelligentsia
Why worry about savings?
SNAP, Welfare, Medicaid, Cell Phones all keep coming. And Ben Bernanke keeps printing the money for that. No worries!
18
posted on
10/19/2012 12:53:48 PM PDT
by
PGR88
To: rightwingintelligentsia
Not respondents all were poor. Some had big houses, big mortgages or 401(k)s, but still no more than five Benjamins to rub together right now.
It is not how much money you make that is important, it is how much you spend. It is always a good idea to spend less then you bring home.
This is why some lottery winners, as well as major sports stars allow millions to slip through their fingers ending up broke.
19
posted on
10/19/2012 12:53:57 PM PDT
by
CIB-173RDABN
(California does not have a money problem, it has a spending problem.)
To: Einherjar
Bury some of it somewhere before Obama’s sons break in to steal it.
I live with gun by side(especially election night)
20
posted on
10/19/2012 12:55:22 PM PDT
by
rurgan
(Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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