Why so many Americans in the middle class have no savings - - vimore.org

Why so many Americans in the middle class have no savings

Why so many Americans in the middle class have no savings

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Could you come up with $2,000 in 30 days if you had to? As many as 40 percent of American families can’t, despite the improving economy. Among them is Neal Gabler, who is frequently broke despite his successful career as a writer. As part of a collaboration between The Atlantic and the PBS NewsHour, Judy Woodruff looks at why Gabler and so many other Americans are struggling with savings.



In today’s economy, even two-income families struggle to make ends meet

Aaron and Mary Murray are middle-class Americans, but they don’t feel like it: though the two teachers make a combined $90,000 a year, they still live paycheck-

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Couple Drowned By Debt On The Cusp Of Retirement: Live And Learn | CNBC

Sue and Rich Ramirez were in their 60s with $85,000 in debt. After one of them lost their job, the reality of an overwhelming mortgage and credit card debt set

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All the financial advice you’ll ever need fits on a single index card

Watch more from Making Sen$e: https://bit.ly/2D8w9kc Read more economic news: https://www.pbs.org/newshour/economy/making-sense At first glance, fiscal plannin

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Aging unemployed Americans struggle to find work

Despite improving job data, older unemployed workers are having more trouble finding work, as companies favor less-experienced, cheaper candidates. Tracy Smith

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High rents force some in Silicon Valley to live in vehicles

Faced with some of the most expensive rental housing in the nation, some Bay Area residents are feeling priced out and are seeking low-cost alternatives. In Sil

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For millions, underemployment is a new normal

At 4.3 percent, the unemployment rate is at its lowest level since 2001. But left out of this figure are people who are working part time or fewer hours than th

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My No Spend Year | Michelle McGagh | TEDxManchester

Michelle McGagh is no stranger to writing about the merits of saving. But how much did she really know about her own spending? Last year, she set herself the

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How these penny-pinchers retired in their 30s

Watch more from Making Sen$e: https://bit.ly/2D8w9kc Read more economic news: https://www.pbs.org/newshour/economy/making-sense Eschewing consumer culture, Pet

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When Homelessness Reaches Middle-Class Working Families | Megyn Kelly TODAY

Even amid a surging stock market and low unemployment, homelessness is surging along with income disparity, affecting regular working families in such places as

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America's Student Debt Crisis: Jessie's Story | Consumer Reports

Millions of Americans who went to college are now crippled by their student loans. “Debt is the first thing I factor in all of my decisions,” says Jessie Suren,

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How the upper middle class keeps everyone else out

Watch more from Making Sen$e: https://bit.ly/2D8w9kc Read more economic news: https://to.pbs.org/2qRyskq In the United States, people within the top 1 percent

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NEED TO KNOW | Generation jobless: 'Millennials' struggle with unemployment | PBS

The struggles of middle-aged and older Americans during this economic downturn have been well documented. But what about the "millennials," those born during th

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Who Is Getting Rich Off the $1.3 Trillion Student Debt Crisis?

http://democracynow.org - We continue our conversation looking at student debt. A stunning 42 million people now owe $1.3 trillion in student debt. A new inves

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What a well-off couple learned from cutting consumer habits

A software engineer and professional fundraiser in Boston decided four years ago to purge some of their consumerist habits to save more than 70 percent of their

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A Cluttered Life: Middle-Class Abundance

(Visit: http://www.uctv.tv) Follow a team of UCLA anthropologists as they venture into the stuffed-to-capacity homes of dual income, middle-class American famil

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What Happened to Middle Class America? - The Business of Life (Episode 7)

As we inch closer to the 2016 election, presidential candidates and politicians have begun to phase out the term “middle class” from their vocabulary. Terms lik

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How the Middle Class Got Screwed

Big Mike explains what happened to the American Middle Class...and why the American Dream has slipped so far out of reach for many families. Made by MoveOn

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Why College Is So Expensive In America

College in the United States is expensive. The cost of higher education just keeps going up. Tuition costs at both public and private universities have doubled

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Maxed Out: Keeping Up With the Joneses

This summer saw the biggest decrease in consumer spending in 30 years - a sign that chasing the elusive Joneses may have finally exhausted Americans financially

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Why 41% of boomers have no retirement savings

‘Retire Inspired’ author and financial advisor Chris Hogan on using your 401(K) to prep for retirement.

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