Living on the Financial Edge

It’s Halloween season, and one of the reasons we should be scared is because seven out of 10 Americans are so broke they don’t have enough money saved to cover a $1,000 emergency. These Americans live paycheck to paycheck. They know that if they ever experience a short-term layoff or a medical crisis, they will be in big financial trouble. I meet people all the time in my law practice who are living this way. Most of them are decent, honest individuals who are dedicated to their families.