Are You One Paycheck Away?


Do you have enough pennies saved for a rainy day? A recent report from the non-profit Association for Neighborhood & Housing Development reveals that nearly 60% of New York City residents don’t have enough cash in the bank to cover household expenses for at least 3 months. Journalist Amy Zimmer outlined the troubling statistics facing many of our neighbors in a recent DNAinfo article titled “Most New Yorkers are Roughly 1 Paycheck Away from Homelessness,” and shares her findings with our partners at Metrofocus.