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Over half of Americans say they're not even close to financial freedom (scrippsnews.com)

submitted 1 year ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

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About 36% of U.S. adults say they have less than $1,000 in their savings accounts.

For analysis of the political views of that media: https://ground.news/article/over-half-of-americans-say-theyre-not-even-close-to-financial-freedom

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[-] GregoryTheGreat@programming.dev 2 points 1 year ago* (last edited 1 year ago)

With the interest rates of savings accounts why bother. Just leave it in checking. Or cash.

Or are we trying to act surprised most people don’t have money?

[-] UnverifiedAPK@lemmy.ml 2 points 1 year ago

So instead of 1% interest your suggestion is 0% interest?

[-] Turkey_Titty_city@kbin.social 4 points 1 year ago

savings and COD are 4-5+% right now.

this post was submitted on 24 Aug 2023

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