page contents "> Stop Living Paycheck To Paycheck!

Paycheck to Paycheck

taught by Abdul-Salaam Mohammed
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Course description

Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com


Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.



So why aren't Americans saving more?

Last week, online lender CashNetUSA said 22% of the 1,000 people it recently surveyed had less than $100 in savings to cover an emergency, while 46% had less than $800. After paying debts and taking care of housing, car and child care-related expenses, the respondents said there just isn't enough money left over for saving more.

Abdul-Salaam Mohammed
Abdul-Salaam Mohammed
How To Find Your Passion Now

Is an ex- military army vet having served in Ft. Lewis Washington, Schofield Barracks, Hawaii. During his military service he was deployed to Mogadishu Somalia, Thailand, Guantanamo Bay Cuba. He has obtained a bachelors degree in International Business. Abdul is an experienced entrepreneur and business coach who resides in Sioux Falls, SD 57105.After traveling and doing business in countries like China, Nepal, Thailand and all over Central America. Abdul has been in multiple businesses from national music tours, food industry, apparel and 5k’s. And is always looking for more industries to tap into in the business sector.