Submitted by CCJones56 t3_z8t59b in wallstreetbets
Lezzles t1_iydumif wrote
Reply to comment by WTD_Ducks21 in The US economy's growth was stronger than expected in the third quarter | CNN Business by CCJones56
Those "$500 in checking account" articles are bullshit. They literally ask about your checking account - if you transfer money to a savings account at the end of the month instead, you're in the "at risk" party.
Walken_Shoebaru t1_iyevfmk wrote
So if they ask about savings accounts is it bullshit too to the people who keep their money in checking?
Lezzles t1_iyevsrr wrote
Yes, actually. You should just ask "if you had a $500 expense come up, could you afford it, or would it financially ruin you?" basically.
Walken_Shoebaru t1_iyexbwf wrote
yeah that's what the question is, the original person misquoted.
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