Originally Posted by Terryk
There are tons of recent articles with the same story that 46-60% (or so) Americans can't deal with an unexpected 400 dollar bill. So if they need a car repaired it sits. To pay this unexpected bill, people would have to borrow money or sell something to cover the 400.



http://www.washingtonexaminer.com/f...th-emergency-400-expense/article/2592269

Originally Posted by smokepole
I can't remember the last time I had a problem with a vehicle and got away with only a $400 bill.


That's the other side of this study, or a similar one. The authors estimated the typical major car repair, or unexpected trip at $2,000, and 60% couldn't come up with 2k in 30 days, even through borrowing and the selling of assets. So, they don't have $400 in cash, and can't find $1700 worth of stuff to sell to make up the difference.

I imagine half the folks here could come up with 2k in just primers and .22 ammo.

You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

You cannot over estimate the unimportance of nearly everything. John Maxwell