IE Personal Finance SC

Worrying Statistics

1 in 3 EU households unprepared for shocks

An assessment from the GFLEC and Bruegel (2020) found that 1 in 3 EU households are unable to meet an unexpected shock in normal times.

47% of Europeans can't pay for 3 months of expenses if they lost their job

An ING (2013) survey found that 30% of Europeans don't have any savings and 47% of Europeans do not have enough savings to cover just 3 months of expenses if they lost their job.

48% of Americans earning over $100,000 a year report living pay check to pay check.

According to a survey by PYMNTS Intelligence (2024), 48% of American consumers earning over $100,000 report living paycheck to paycheck, and 36% of Americans earning over $200,000 also report living paycheck to paycheck.

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IE Personal Finance Club SC

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