RE: LeoThread 2025-01-16 16:06
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It's shocking how uncommon it is to have a modest emergency fund these days.
Many are just scraping by from one paycheck to the next.
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For some, their debt situation is so dire that if property values took a nosedive, abandoning their mortgage might be more beneficial than staying current with payments.
Can this really continue like this? #FinancialReality #DebtCrisis
I can tell you I'm glad I was prepared... always have been but never had to actually start using my emergency funds.