65% of Americans are unable to put their hands on $1000 cash immediately.
In a video market recap Fox Business observed this as an increase from the previous year where the percentage was in the 50’s. Recently, I spoke with a friend who observed a comment from an investor he knew. The investor remembered how his family scolded him when he financed his house with a payment of $95/mo. How many people would love to have a house payment that low now. Inflation does not stop, it merely slows down for a period. We know to get ahead of it!!