One in four Americans considers self poor
According to a new survey by an online lender, one in four Americans considers himself or herself poor, while one in three individuals under the age of 30 feels that way.
The online poll done for CashNetUSA.com also found that people age 50-59 were less likely to regard themselves as poor, with only 14 percent of individuals in that category describing themselves that way.
Americans could stand to pay better attention to their funds, too, the poll seems to suggest.
Only 25 percent of those responding said they strictly follow a budget. Another 48 percent said they loosely follow one. And 27 percent said they have no budget at all.
People with incomes below $30,000 were more likely to follow a budget (36 percent did), versus those with incomes above $75,000. Just 18 percent of people in that group budgeted.
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8 comments Add your comment
Bernie
September 5th, 2012
11:36 am
Not to worry Mitt says, he promises to change ALL of this around in short order in 4 years!. ANN says ” Mitt will not fail, Mitt is GOLDEN.
Paul ….Well he just Lies constantly, so you can never trust anything he says. especially when it comes to Grandma’s Medicare.
Paul is the WOLF at the DOOR!….. Beware!
so what
September 5th, 2012
12:26 pm
Not to worry Barack said the same thing over an over again…and now we’re 5.4T in debt, no shovel ready jobs, and dipping into another rescession…so sure you failed as a leader why wouldnt the moronic minions vote for you again…I mean you were so experienced in nothing, so yea! we should listen to your sound background..really??!?!?
sasg=ha
September 5th, 2012
2:46 pm
Bernie got owned
@ so what
September 5th, 2012
5:00 pm
What’s a “rescession”? Sounds painful.
KC
September 6th, 2012
2:27 pm
Yeah, they’re going to make it better for us huh? And what was up with Clinton saying no president has turned us around in only 4 years?? Remember Reagan?
Silver Creek Doug
September 6th, 2012
3:21 pm
I wonder if the 25% who consider themselves “poor” own their own home, have cable/satellite TV, air conditioning, personal computer, Xbox/Wii, cell phone, etc. I’m sorry, but if you have that stuff, you ain’t poor.
Ain’t hatin’, just factin’.
A.S.Mathew
September 10th, 2012
9:53 am
16 trillion dollar national debt. Each citizen in 50000 dollar debt. How to catch up with that debt?
The standard of living will be plunging very fast, less food-less clothing-less travel-smaller homes- and the old time fun and laughter will be the thing of the past. Student loan alone 1.5 trillion, and the students can’t pay back it without a job. Some of the students are working two jobs but they don’t have money to pay back the loans because the jobs are very low paying jobs. We are in serious trouble.
Johns
September 11th, 2012
8:18 am
If you were on food stamps, would you consider yourself poor? Obama has put a lot of people on food stamps and plans to continue his failed policies for four more years.