The economy of the U.S. may appear stronger than ever but
surprisingly – nearly 70% of Americans claim that they have less than $1000 in
savings. GOBankingRates recently conducted their annual savings survey of
around 846 respondents, where 45% admitted to having zero savings in 2019.
The findings also surprised the spokesperson for the National
Foundation for Credit Counselling: Bruce McClary. In his talks with Yahoo
Finance, he said that it’s hard to believe that Americans cannot even come up
with $1,000 – despite the growing economy.
However, despite the ongoing impeachment, President Donald
Trump praises the strong economy of the country and says that the American people
are more interested in the economy, instead of the acquisition, he is facing.
In fact, the recent USA Today Poll also has President Trump
leading all of the Democrat contenders. He also took on to his Twitter account
and tweeted
regarding the victory he gained – even with the impeachment going on.
In this infographic, let's take a look at the financial status of Americans.
Infographic by: www.statista.com
