40% of Americans would struggle to come up with $400 for an unexpected expense Google: how to make extra money 1. Take online surveys 2. Become a virtual assistant 3. Freelance writing 4. Start a blog What else? There has to be more, especially for specialized skills
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Yeah the US Federal Reserve running yearly survey (since 2013) with a sample size of 22,355 Americans is a bit shaky. https://www.federalreserve.gov/publications/files/2017-report-economic-well-being-us-households-201805.pdf …pic.twitter.com/zCMt1oY9i3
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“many of them would be able to make it work by carrying a credit card balance or borrowing from friends and family” Borrowing from friends & family isn’t a solution We need new technologies to unlock more $$ for everyday people
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Hey that’s one of the startup ideas I’m thinking through!
End of conversation
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Thanks for the link. The 2018 report “unable to pay” was 29% (opposed to 12% in 2019). Most studies aren’t run every year. It’s not false, it’s either using an old stat or parsing the data differently. The larger point is many people have a problem when I wouldn’t blink at $400.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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