fiogf49gjkf0d
Tuesday, March 31, 2015Greetings Thrifty Friends,
Some frightening results of a recent survey have just been published, and it looks like fewer and fewer Americans are saving for retirement, or even saving at all!
Roughly a third of American adults don't have any emergency savings, meaning they have no cushion to fall back on if they lose a job or have to deal with another crisis.
Keep pinchin' those pennies,
Penny
P.S.
EVTV1 is back and better than ever! This video portal was created to sort through the online clutter to bring you the best animal clips...funniest videos...most popular...PLUS the most unusual. New videos are added daily!
*****TODAY'S THRIFTY TIP: There are a hundred different ways to make more money, but if you never save it won't be there when you need it. Most experts say you need to save 15 percent of your income and keep 6 months worth of living expenses in an emergency account.
That means if you bring home $2,000 a month in income, you should have a savings account with at least $12,000 in it. That is in addition to long-term retirement investments like 401ks and IRAs which you should be contributing 15 percent to.
And with the Bureau of Labor Statistics reporting that the average length of unemployment is 31.7 weeks, 6 months might not even be enough.
But if you are not saving enough, you are on the right track by being subscribed to Thrifty Tips!