Whether you like it or not, but the sad reality is Americans are notorious spenders.
For 28 percent of adults who have no emergency fund, getting into the habit of applying for personal loans has become a norm. Imagine, you lost your house in a fire or faced the need for a car engine replacement.
The scary reality, right? The last thing you want to end up hundreds of thousands poorer overnight.
No one can deny, sticking to the budget is a tough gig. All in all, only 18 percent of Americans say they could live off their savings for at least six months.