House of Paine

in the middle of the pack and still taking shit

 " you're   spending too much

over the prudent debt limit"

fuck u prig 

  give me back what i earned 



===========================


"Meet the typical American family"

ie median by fed calc



"It has about $3,800 in the bank.
 No one has a retirement account
 and the neighbors who do
 only have about $35,000 in theirs

 Mutual funds? Stocks? Bonds? Nope


 The house is worth $160,000,
 but the family owes $95,000 
on it to the bank 

 The breadwinners make 
more than $43,000 a year
 but can't manage to pay off 
a $2,200 credit card balance.
 
household financial planners :



 if the average family
 walked into their offices,
planners  would sit them down 
and give them some tough talk.

 Time to pare back expenses


build a cash reserve 
big enough to get everyone 
through a layoff 
or other unforeseen adversity. 

And the family would get an earful
 about saving more aggressively 
for retirement, 
so members could have some hope
 of retiring at a reasonable age 
and maintaining 
the standard of living 
they and their family are accustomed to.

 Only 49.7 percent of American families 
even had a retirement account in 2004.

----------------------------------
 



Households headed by someone 
age 45 to 54 
   make more money,
 $61,100 a year,
 and have a six-figure 
net worth.


Upper-income Americans 
suffer from some 
of the same problems 
as other families 
but may not know it.



Retirees on average 
are living on very low incomes 
-- a median of $24,400 -- 
but have significantly more money
 tied up in their homes 
than other low-income Americans



The biggest challenge 
facing lower-income Americans 
is that they 
don't make enough money 
 
 financial planners say 
there are ways to boost
 the finances of those
 with a family income
 of $25,700 a year --
 

Households headed by someone
 under age 35 
have one big factor
 in their favor: time. 

These families and individuals
 tend to have piddling savings
 -- a median $14,200 net worth,
 and only $1,800 in cash savings
 among those with a bank account.


bottom line

face the contrived
  job and credit 
         scarcity rations

and tremble 
 
=======================================