/dev/null Posted May 19, 2016 Share Posted May 19, 2016 A recent poll shows 2/3 of Americans would have trouble covering a $1,000 emergency expense. http://bigstory.ap.org/article/965e48ed609245539ed315f83e01b6a2 If you were hit with a sudden $1,000 emergency expense, could you cover it? Link to comment Share on other sites More sharing options...
Pete Posted May 19, 2016 Share Posted May 19, 2016 **** I just paid $1800 in car repairs to pass emissions Link to comment Share on other sites More sharing options...
Maury Ballstein Posted May 19, 2016 Share Posted May 19, 2016 Just paid 2k at vet. Now I'm broke. Link to comment Share on other sites More sharing options...
Chef Jim Posted May 19, 2016 Share Posted May 19, 2016 If $1,000 is a crisis and you can't figure out how to overcome that crisis you're a dumbass. So 2/3's of Americans are dumbasses? Yeah, that's about right. Link to comment Share on other sites More sharing options...
Punching Bag Posted May 19, 2016 Share Posted May 19, 2016 With $150/mo cell phone bills you are right Americans are dumb asses. Link to comment Share on other sites More sharing options...
KD in CA Posted May 19, 2016 Share Posted May 19, 2016 (edited) That is truly frightening. households making more than $100,000 a year — 38 percent say they would have at least some difficulty coming up with $1,000. Edited May 19, 2016 by KD in CT Link to comment Share on other sites More sharing options...
BringBackFergy Posted May 19, 2016 Share Posted May 19, 2016 I just dropped $1000 on dinner last night with Chef Jim and mead....what's the big deal? Link to comment Share on other sites More sharing options...
boyst Posted May 19, 2016 Share Posted May 19, 2016 I voted no. Because everyone else voted yes Link to comment Share on other sites More sharing options...
LeviF Posted May 19, 2016 Share Posted May 19, 2016 One of the best things someone ever told me was to have a 3-6 month emergency fund shoved away. Link to comment Share on other sites More sharing options...
BuffaloBill Posted May 20, 2016 Share Posted May 20, 2016 That is truly frightening. If you make $100K per year and can't set aside $1K then you can't manage your budget at all. You can live without cable, cell phones and eating out for the short period of time it would take to set $1K aside. Now giving up booze, hookers and gambling is a different issue but that can be discussed in another thread.... Link to comment Share on other sites More sharing options...
4merper4mer Posted May 20, 2016 Share Posted May 20, 2016 **** I just paid $1800 in car repairs to pass emissions Geez dude wait until you get out of the car and then fart. If you make $100K per year and can't set aside $1K then you can't manage your budget at all. You can live without cable, cell phones and eating out for the short period of time it would take to set $1K aside. Now giving up booze, hookers and gambling is a different issue but that can be discussed in another thread.... Don't forget that the government gets about $54k of the $100k when it is all said and done. Link to comment Share on other sites More sharing options...
BuffaloBill Posted May 20, 2016 Share Posted May 20, 2016 Geez dude wait until you get out of the car and then fart. Don't forget that the government gets about $54k of the $100k when it is all said and done. Understood, but with the remaining money you can't set aside $20 per week to save $1040 over the course of a year? You have to admit that most people piss away far more than $20 per week on nonsensical **** that they have no need for. I am not trying to claim sainthood here as I am as guilty as anyone but I do have money set aside for the emergency situation that will inevitably occur. Link to comment Share on other sites More sharing options...
mead107 Posted May 20, 2016 Share Posted May 20, 2016 Spending 1,200 on tickets for Balitmore. A weekend of overtime. Lol Link to comment Share on other sites More sharing options...
Maury Ballstein Posted May 20, 2016 Share Posted May 20, 2016 Spending 1,200 on tickets for Balitmore. A weekend of overtime. Lol Bring another 200 for the crab cakes and wine. Link to comment Share on other sites More sharing options...
boyst Posted May 20, 2016 Share Posted May 20, 2016 One of the best things someone ever told me was to have a 3-6 month emergency fund shoved away.they actually say to have 18 months savings now-a-days. And invest as much as 15% yearly net in retirement Link to comment Share on other sites More sharing options...
PromoTheRobot Posted May 20, 2016 Share Posted May 20, 2016 If $1,000 is a crisis and you can't figure out how to overcome that crisis you're a dumbass. So 2/3's of Americans are dumbasses? Yeah, that's about right.Dumbasses, or poor. Link to comment Share on other sites More sharing options...
unbillievable Posted May 20, 2016 Share Posted May 20, 2016 Dumbasses, or poor. There are no poor people in America. Only idiots who complain that they don't have as much stuff as their neighbor. Seriously, welfare alone is more money than 90% of the rest of the planet's average annual income. Link to comment Share on other sites More sharing options...
Just Jack Posted May 20, 2016 Share Posted May 20, 2016 I just dropped $1000 on dinner last night with Chef Jim and mead....what's the big deal? You told me you needed $1000 for an emergency appendectomy for your cat! Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted May 20, 2016 Share Posted May 20, 2016 No, seeing as how $1,000.00 US would equate to $1.6B Canadian CBF Link to comment Share on other sites More sharing options...
BringBackFergy Posted May 20, 2016 Share Posted May 20, 2016 You told me you needed $1000 for an emergency appendectomy for your cat!Oh....yeah about that...cat died on the operating room table. The vet charged me $50 and we decided to go out and celebrate Patches' life. Link to comment Share on other sites More sharing options...
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