>>20212Tons of people live paycheck to paycheck with no savings at all, and as soon as their paycheck comes in it's almost instantly used, in some cases entirely just for nothing but necessities and/or debt.
About 60% of Americans don't even have $500 in savings.
http://money.cnn.com/2017/01/12/pf/americans-lack-of-savings/http://www.washingtonsblog.com/2015/10/goodbye-middle-class-51-percent-of-all-american-workers-make-less-than-30000-dollars-a-year.htmlOver 50% of American workers make less than $30,000, and it's very hard to live off $30,000 by yourself no matter how frugal you are, certainly no room for investments. That's not even accounting for people who make closer to $20,000, or make nothing at all because they're unemployed.
white people are poor like this too, it's just they don't chimp out like blacks do. Pretty much outside of specific wealthy communities (which are quite boring bedroom communities), and certain areas of major cities, everyone is poor, trashy, and lots of drug use.