The plight of workers going without pay because of the government shut down looms over our news.
If our incomes haven’t been affected, it’s easy to see this as someone else’s problem.
But are the rest of us really immune to the same financial straight?
Over and over again, we hear that most U.S. families couldn’t pay an unexpected $400 bill without borrowing money.
The current problem is a lot bigger than $400.
Effectively out of work, federal workers face weeks with nothing coming in, and too little set aside. It’s notable now because there are so many families affected.
But ending up with no income isn’t unique to the governmental workforce.
To paraphrase the credit card ad, what’s in your savings account?
Image courtesy of DavityDave and Flickr under a CC license.