In Units 1 and 2, you learned about building blocks for financial success and basic investment principles. Next we will explore ways to "find" money for investing. Many Americans don't invest because they have little or no savings that can be transferred to investment products. Studies estimate that as many as 70% of Americans live from "paycheck to paycheck," courting financial disaster if their income is suddenly reduced or stopped.
In recent years, many Americans have been spending more than they earned. While the U.S. savings rate has risen recently, it has remained at a relatively low level for decades.