I don’t know about you but new statistics released from a survey by Career Builder showing that 78 percent of the Americans it surveyed recently report they are living from paycheck-to-paycheck and need their next check just to get by are more than a little troubling for me. That number is up 3 percent from a year ago.
I’m not sure if the lack of financial stability that’s a reality for a majority of Americans today is the result of low wages in many jobs, the growing dependence on government entities for basic support or a lack of education on the importance of saving for an unexpected emergency are to blame but whatever the reason it’s clear that many of us aren’t prepared to deal with life emergencies. Parents in my generation have preached the importance of getting an education but we’ve not talked enough about the mountain of debt our children can accumulate paying their share of the costs of that education.
It’s heartening that students in area high schools are receiving education to some degree on dealing with the costs of living they’ll face as adults, but it appears more needs to be done.
That’s the way I see it.