Why don't Americans save?

Question

I make $14/hr and have managed to save $1,100 since April, even in this "terrible" economy! Why do people refuse to take a level of personal responsibility and live within their means? Forget about the Joneses, no one is judging you by what car you drive or how big your house is! It's not the govs fault you bought more than you can afford! Take care of your business!

Answer 1

Good for you, I suppose you are single and maybe live in your parents basement.

Answer 2

Sorry, but thats not much :-/

But I absolutely agree with you

My class had a discussion about how now a days almost everybody has bad credit and its happening because people buy beyond there income just to fit the "American Dream"

I'm 17 and quite wise with my money

I'm incredibly stingy and won't spend a penny on fast food nor clothing

I just spend it on public transportation