If you do not earn enough to live in the USA, consider emigrating!

The numbers are quite surprising. Almost 7 out of 10 Americans have less than $ 1,000 in savings.One in three Americans has nothing in reserve for their retirement.And, according to Federal Reserve data, the average working-age couple has saved only $ 5,000 for their retirement. How is this possible?

How can it be that the citizens of the richest country that ever existed in the history of the world have hardly any savings?Simple. The cost of living has skyrocketed over the past few decades. For tens of millions of people it is terribly difficult to keep up with their expenses and debts. Just look at the numerical data. House prices, once again, are at their all-time highs. And for those who choose to rent rather than buy, rents in many cities have also reached their all-time highs.A cross for the MillenialsThis is especially difficult for the Millennium generation, which is spending more than 40% of its disposable income on housing costs.If you add student debt (which continues to be a pest among millennials), this will take more money out of your pockets monthly.And God help them if they decide to have children, whose cost of support is now at a record level.According to a study published last year by the US Department of Agriculture (I'm not sure why they looked for this data ??), the total cost of raising a child from birth to age 21 is now $ 233,610 .Other private studies have fixed that amount in more, surpassing $ 300,000.And it's not just inflation, but childcare costs have risen so fast that for many families, it's impossible to keep both spouses in their careers? One of them has to dedicate himself, at least temporarily, to take care of the children.Then there are the costs of insurance and medical care, which continue to rise to record levels.Health costs in the clouds

Costs for health care in the United States are now at the highest levels ever before.But what is even more important, the TASA in which costs are rising reached its highest level in 32 years.So, is it any wonder people are unable to save some money ?? Or, in spite of a brief fall after the GreatRecession, credit for consumption is once again exploding. People survive in debt.Like its federal government, Americans are once again heavily indebted.And it's easy to understand why: What they earn simply is not enough for them to make ends meet.And while, in theory, wages have finally begun to grow, albeit slightly, this has been largely overcome by the increase in the main costs of living, such as housing, child care, insurance and medical care.