Millions of Americans are only $400 away from financial hardship. Here’s why

Even if you don’t feel a strong need for a financial adviser now, you’ll be glad to have one in your corner if a crisis erupts. Plus, a planner can give you the motivation to trim the fat from your.

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 · The House Budget Committee-approved budget plan would cut the Supplemental nutrition assistance program (snap, formerly known as the Food Stamp Program) by more than $150 billion – over 20 percent – over the next ten years (2017-2026). A cut of this magnitude would necessitate ending food assistance for millions of low-income families, cutting benefits for millions of these

Nearly 40% of American households struggle to cover an unexpected 0. million to help employees at other companies build emergency funds. And workplace insurance company SafetyNet in November.

impossible to cover financial emergencies-whether that means a $400 car repair or a $1,500 medical bill. Prepared or not, most Americans are at least aware that they should attempt to save for emergencies and retirement. Most, however, overlook taking the right steps to protect against one of.

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 · Today, that figure sits at $13.5 trillion. And half of that increase – $400 billion – has come in the last year alone, according to the New York Federal Reserve. Mortgage debt is back up to $9.1 trillion. $200 billion shy of the peak reached during the last financial crisis.

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Where to Invest $10,000 · 50 Companies to Watch in 2018 · Where to Invest $1 Million.. A large share of Americans can't cover a $400 emergency expense:. are a flat tire away from financial crisis is largely based on an inaccurate. 4 in 10 adults” “would have more difficulty covering such an expense,”.