I’m working on a developmental economics exercise and need a sample draft to help me study. Homework II 1. In the Harrod-Domar model, if the savings rate is 20% and….
Why do do few people have money saved for emergencies?
Click here to learn more about this distressing fact: 24 Percent Of American Consumers Have No Emergency Savings. After reading the article, answer the following questions in a Word document:
- Why do do few people have money saved for emergencies?
- Who is most likely NOT to have an emergency savings?
- Who is most likely to have an emergency savings?
- What is the key to being successful at saving for emergencies?