When it comes to saving money, Americans are falling short . According to a 2016 GOBankingRates survey, 69% of Americans have less than $1,000 in their savings accounts — and 34% have no savings at all.You think that is bad. Millennials have it even worse.
Of "young millennials" — which GOBankingRates defines as those between 18 and 24 years old — 72% have less than $1,000 in their savings accounts and 31% have $0. A sliver (8%) have over $10,000 saved."Older millennials" — defined as those between 25 and 34 — aren't doing much better: 67% have less than $1,000 in their savings accounts, 33% have nothing at all, and 15% have over $10,000.
I can't imagine how hard it would be to be living with $0 to $1000 in my bank account from week to week. It would be stressful as all hell. So a tax cut, jobs programs, or talk about free trade stealing ones job hits home much harder knowing these statistics. Basically the only thing Hillary had to offer was a $15 minimum wage and some piddly tax cut that amounted to peanuts to help these 69% slice of America.