PNC: It's never too late to start saving -- and, here's how! - DC News FOX 5 DC WTTG

PNC: It's never too late to start saving -- and, here's how!

Posted: Updated:

A recent report found that 22 percent of Americans have less than $10 in savings to cover the potential high costs often posed by emergencies. If you live paycheck to paycheck, then how do you begin even begin to set aside money to save?

Today, PNC investment advisor Justin Sullivan stopped by Good Day Atlanta to share his industry smarts and prove it's never too late for you to start saving.

The idea of saving for a rainy day might be drying up. According to a new survey, one in five (22%) Americans have less than $100 stashed away to cover emergency expenses.  While nearly half (46%) report having less than $800.

The silver lining: Millennials -- the 80 million young people born between 1980 and 2000 and known to be facing high unemployment and debt -- might finally be giving their parents a break. Only 37% of those under age 30 said they'd ask their family for help; that's down from 54% in the previous year.

CLICK ON VIDEO PLAYER ABOVE TO WATCH THIS FULL SEGMENT!

  • Good Day ArchiveMore>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Good Day Atlanta Extra

    Paula Deen: 'I'm happier, more solid, I'm smarter'

    Paula Deen: 'I'm happier, more solid, I'm smarter'

    Wednesday, August 20 2014 11:14 AM EDT2014-08-20 15:14:12 GMT
    Celebrity chef Paula Deen says she is 'happier and smarter' after a controversial year in the spotlight. Deen joined Good Day's Paul Milliken to candidly discuss the lessons she's learned, and her hopes for the future.
    Celebrity chef Paula Deen says she is 'happier and smarter' after a controversial year in the spotlight. Deen joined Good Day's Paul Milliken to candidly discuss the lessons she's learned, and her hopes for the future.
  • Virginia-Highland restaurant gets facelift, pays it forward

    Virginia-Highland restaurant gets facelift, pays it forward

    Wednesday, August 20 2014 9:12 AM EDT2014-08-20 13:12:15 GMT
     It's been a traditional watering hole for a quarter of a century.  And now, Highland Tap is celebrating a new look by helping out a neighbor.  
    It's been a traditional watering hole for a quarter of a century. And now, Highland Tap is celebrating a new look by helping out a neighbor. Highland Tap is a popular restaurant/bar in Atlanta's historic Virignia-Highland neighborhood. The restaurant closed down
Powered by WorldNow
Untitled

WTTG FOX 5 & myfoxdc
5151 Wisconsin Ave. NW
Washington, DC 20016
Main Number: (202) 244-5151
Newsroom: (202) 895-3000
fox5tips@wttg.com

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices