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69% of Americans Have Less Than $1,000 in Savings - Americans are falling short when it comes saving money — specifically, setting aside money in savings accounts — to create a financial cushion. In fact, they’ve gone from bad to worse, according to GOBankingRates.com’s latest survey findings on savings amounts. In 2015, we asked more than 5,000 adults how much they had saved in a savings account. The results were startling: 62 percent said they have less than $1,000 in savings.
From Popper

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Surfer Wrote the following on 10/04/2016 07:02 AM :
$1000 is nothing when it comes to savings. You should have a 6 month emergency fund before you worry about any other kinds of savings.


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