Emergency savings – here’s what you really need

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Jennifer WatersHere’s the truth about savings in America: We all talk a lot about how much we should be saving and spending, but the majority of us don’t save enough to pay for a surprise expense that must be covered immediately.More than 60% of Americans don’t have enough money stashed away to pay for unforeseen expenses such as a $1,000 stint in the emergency room or a $500 fender-bender, according to a Bankrate.com study earlier this year.The same survey found that 82% of us keep household budgets — mostly with pen and paper or in our heads — but we look to outside help to pull us out of a financial crisis.It’s a good thing most Americans have a household budget, but what’s up with the savings dearth? “Too few have the ability to cover expenses outside their budget without going into debt or turning to family and friends for help,” says Claes Bell, Bankrate’s banking analyst. continue reading »last_img read more

Seahawks’ Russell Wilson buys offensive linemen $12K each in Amazon stock

first_imgRussell Wilson recently became the NFL’s highest-paid player, but he hasn’t forgotten about who protects him.The Seahawks quarterback signed a four-year, $140 million extension with Seattle earlier this month. To celebrate, he then gifted each of his offensive linemen $12,000 in Amazon stock. “Every Sunday we go to battle together. You sacrifice your physical and mental well-being to protect me, which in turn allows me to provide and care for my family. Now it is my turn to return the favor, I would not be where I am today without you working to be great day in and day out.When I sat down to think of ways to honor your dedication a dozen different ideas came to mind. Some were flashy, some were cool, but I wanted to give you something that had a lasting impact. Something that would affect the lives of you, your family, and your children.”Wilson settled on $12,000 as an homage to the number 12, which the franchise has retired in honor of its fans, according to a report from The Seattle Times.Wilson has played the entirety of his seven-year career in Seattle and has said he wants to be a “Seahawk for life.” He threw for 3,448 yards and a career-high 35 touchdowns in 2018, leading his team to a 10-6 record and a second place finish in the NFC West standings behind the Rams. Wilson spent a total of $156,000 on 13 teammates, according to a TMZ Sports report. Each lineman also received a letter from Wilson.Wilson wrote:  Related News Seattle went on to fall to the Cowboys in the Wild-Card Round of the playoffs.center_img Josh Rosen trade rumors: Are Dolphins interested in dealing for the Cardinals quarterback? Russell Wilson wants to be a ‘Seahawk for life’last_img read more