Nine Million US Households Have No Bank Accounts
By Ronald D. Orol
12-02-091358ET
http://www.nasdaq.com/aspx/stock-market-....
Roughly 9 million U.S. households have no checking or savings account, while many who do have bank accounts struggle to build credit histories, according to a Federal Deposit Insurance Corp. survey released Wednesday.
So what is it? 9 million households, or 60 million people?
I think you just answered your own question.
9 goes into 60 almost 7 times. That’s one parent plus an average of 6.5 kids.