Understand this one thing clearly. "Money stress will cause you emotional and physical issues that will consume you greatly if not properly, realistically and honestly addressed."
According to the American Psychological Association (APA), money is the top cause of stress in the United States with a reported 72% of Americans stressed about money at least some point of the time during the month.
The Facts: 21 percent of U.S. adults have no emergency savings. 25% have enough to cover six months of expenses. 40% have enough to cover three months of expenses. 30 percent have a long-term financial plan. 18% have a written financial retirement plan. 55% do not have a written budget. $5000 is average on-hand cash.