One-third of Americans report they could not cover bills for one month after losing their income. Nearly half of the respondents cite the cost of living as the primary obstacle to saving. Living wage requirements differ across states, with some needing over $100,000 for financial security. Research from CashNetUSA reveals that Washington offers the highest disposable income for singles at $23,301. Other states with significant disposable incomes include New York and Connecticut, whereas Hawaii residents experience the lowest disposable earnings.
One-third of Americans (33%) say they couldn't cover bills for even one month if they lost their income, highlighting the financial fragility experienced by many.
47% of individuals cite the cost of living as their biggest obstacle to saving, indicating significant challenges in managing finances.
In 26 states, a family of four must earn at least $100,000 annually to be considered 'financially secure', demonstrating the high cost of living across the United States.
CashNetUSA's research found that single people in Washington have, on average, more disposable income than those in any other state: $23,301.
Collection
[
|
...
]