Reply to Financial resources for furloughed feds

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[quote=Anonymous][quote=Anonymous]Since this is the Money and Finances forum, thought I would share these figures from the latest issue of Kiplinger's re Gen X (who likely comprise most of us feds on here worried about the shutdown):
70% have less than 6 months' emergency savings
26% have more than $10,000 in credit card debt
26% have 401k loans averaging $11,000

I have to imagine that Millennial feds have even less in savings and more in debt.

So for those on here screaming at feds for being worried about missing a paycheck, realize that you are a minority.  Don't confuse being fortunate with being normal.[/quote]

Not having credit card debt is not "lucky", it's called "responsible".  I think Millennials are doing better financially than Gen X honestly.

One thing that always puzzled me is that many of the lower-paid people I see at work almost never pack their lunches, they eat out almost daily, and on FB you can see they go out at night too, and then they complain about having no emergency fund?![/quote]

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