More Than 60% Of New Yorkers One Check Away From The Streets

[BobOblah]

Idk about " One check away from the streets" but this isn't really specific to New York.

There was a report earlier this year that said that 63% of Americans couldn't manage an unexpected $500 bill
http://www.cbsnews.com/news/most-americans-cant-handle-a-500-surprise-bill/

 

[CapitalB]

Idk about " One check away from the streets" but this isn't really specific to New York.

There was a report earlier this year that said that 63% of Americans couldn't manage an unexpected $500 bill
http://www.cbsnews.com/news/most-americans-cant-handle-a-500-surprise-bill/

i believe it..

 

[Broddie]

As someone who lives in Inwood right between Harlem/Washington Heights and the west Bronx that seems about right. I know too many people with an actual savings account but a 0 dollar balance on it.

 

[7figz]

NY stand up ! (And get the fuck out)

Nah but, not having a bank account - doesn't mean people don't have money saved. There's a lot of people from the islands in NY who don't do shit the same way.

All this said, the rent is too damn high (as the saying goes) and there's some truth to this all around. This report could only help the situation so fuck it.

 

[EmM HoLLa.]

Being from the Bronx. I know all about this.. At the same time.. This is an american issue more so than an issue specific to NYC as mentioned above..

 

[Chi Snow]

Idk about " One check away from the streets" but this isn't really specific to New York.

There was a report earlier this year that said that 63% of Americans couldn't manage an unexpected $500 bill
http://www.cbsnews.com/news/most-americans-cant-handle-a-500-surprise-bill/

This

Lotta folks living check to check, hell income tax to income tax

 

[Ajackson17]

Inflation in this country is ridiculous and this is what we should be fighting against.

 

[Broddie]

Inflation in this country is ridiculous and this is what we should be fighting against.

It's one of the things I agree with your mans about. Now let's see what his administration does about it.

 

[fortyacres]

I aint worried, president Trump said he got us.

 

[IceBergTaylor]

As a person currently living in Manhattan this is ridiculous. The cost of living here is inhumane. You can have a good job make good money and still be struggling. I plan on leaving in a few years shit anywhere but here is a slogan.

 

[mrrealone]

I believe it, cause I got friends from lower east Manhattan. Rich gettin' richer and the poor gettin' poorer. Wouldn't be surprised if it got a lot worse too.....

 

[freshb651]

Facts

 

[LUClEN]

Idk about " One check away from the streets" but this isn't really specific to New York.

There was a report earlier this year that said that 63% of Americans couldn't manage an unexpected $500 bill
http://www.cbsnews.com/news/most-americans-cant-handle-a-500-surprise-bill/

Canada has similar numbers. The stats vary depending on sample, but it's anywhere from 24% to 47% of Canadians living check to check.

 

[Will Munny]

I feel like someday... after we all have grown old and don't have shit in our savings cause we lived paycheck to paycheck, there has to be a crash at some point.

 

[deadeye]

Not surprised, but the same can be said for most working people.

 

[MarcusGarvey]

Americans don't save, particularly because they barely saw a raise over the last 20 years adjusted for inflation.

And shit that matters - health care, child care, and education have increased faster than inflation.

And shit don't change by income for black folks

 

[BedStuy]

Glad I don't have this problem.

 

[numbaz...80's baby]

Combination of a few things. It's a reflection of the system and the ppl.

Inflation: Cost of living increased but pay wages did not at the same rate. They don't want to raise minimum wage because they'd have to raise everyone else's pay.

They want to continue to charge $7 for a double qtr pounder meal but only pay their employees $7.50. How in the fuck can you work at McDonalds but can't afford to eat there?

Another issue is the ppl don't have that hustle in them anymore. I remember women with 3 & 4 jobs and selling Mary Kay and shit. Men had 3 & 4 jobs and wash cars/cut grass.

If it ain't a bank fraud, a 2nd job, drugs or hair.....I don't see that hustle to get side money anymore.

 

[babelipsss]

New York and California are waay overrated. My big house and yard is paid for. The South ftw!

 

[SimplyKrys]

This isn't suprising at all. NY is a very expensive place to live. I feel like this also applies to a lot of people in CT. Especially in the city in live in. Rent is so high just to live in a one bedroom. I think about moving all the time.