$500 is less than 1% of the average income in Utah and in the United States. And, the scary fact is: 6 in 10 Americans don’t have that amount available in their savings account.
The average cost for replacing a fuel pump is $400. Unless you can install it yourself, it will be more.
It takes 3 weeks, after applying, for unemployment benefits starts. That means, 3 weeks with no paycheck.
Americans have to pay an average of $1300 in medical expenses before insurance kicks in. A broken arm will require all of that in one lump sum.
Are you ready?
These aren’t zombie-apocalypse or meteors coming for the earth type of events. Any of this, or a million alternatives, could happen tomorrow.