In Christ, you can run into the open arms of your Heavenly Father who will lovingly embrace you, forgive you, and help you to get out of your situation. If you find yourself in this situation, know that you don’t carry your money burdens alone. A lack of savings can also cause significant stress, which can lead to a host of problems, such as: Not having enough money in the bank is more than a mathematical problem.
Not only is this the case, but according to Bankrate, 57% of Americans also don’t have enough money saved to cover a $500 unexpected expense.
Living on the edge is a phrase often tossed around as a joke in conversations.īut for most people in the United States, they’re living on the edge financially, and this isn’t a laughing matter.Īccording to a recent study by GOBankingRates, more than half of Americans (57%) have less than $1,000 in savings.
