Americans are notoriously bad at saving their money, the one thing that every financial adviser will tell you to do. There is no single reason why this is the case. Most people know they should be saving more, but some simply can’t afford to.
To take a look at exactly how bad the problem is, GOBankingRates.com conducted a survey of adults in each state to find out how much money they had currently in a savings account. The results: 62% had less than $1000 put away, and a full 28% had no money in savings.
Click here to check out the results for each state.