Most Nevadans are ‘on the edge of financial disaster,’ report says
29 January 2013
A majority of Nevadans are living “on the edge of financial disaster” with almost no savings to fall back on, a new report says. Some 62.5 percent of state households have less than three months of savings to rely on in the event of a job loss, medical crisis or other financial emergency. And for 44 percent, the assets they do have “are overwhelmed by debt,” according to a report out today from the Corporation for Enterprise Development in Washington, D.C. The nonprofit group’s “Assets & Opportunity Scorecard” painted a dark picture of Nevada consumers, ranking the Silver State worst ...
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