Here’s The Real Reason You Have No Savings
The ugly truth that nobody likes to face
5 min readOct 15, 2020
We have a savings problem.
As of 2019, 70% of Americans had less than $1,000 in savings. In the UK, around 25% of adults have no savings at all, and 10% admit to spending more than they earn.
But I think I’ve found the answer — and it has nothing to do with your income.