If you were to be hit with a major economic crisis right now, would you be prepared? A vast majority of Americans admit they'd be in deep trouble. The sad truth is that most Americans are, admittedly, just one paycheck away from economic collapse. They have no emergency savings. Nothing in the bank. Nada. Zilch!
Why aren’t people saving? They don’t believe they make enough to keep current on their debt, pay the rent, keep food on the table, gas in the car—and come out with anything left to save.