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Approximately 1/4 of Americans have no way to come up with $2,000 in 30 days. An additional 19% would need to pawn/sell possessions and/or take payday loans to raise $2,000 in 30 days.

http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2011...

(edited to use a freely available copy of the paper)




I know I couldn't come up with $2000 in 30 days (I might come close if I sold everything I own). Does that make me poor? It certainly doesn't stop me from chasing my dream.




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