70% of Americans Are Dangerously Close to Major Financial Trouble

Managing your money isn't easy, and one of the most challenging parts is noticing blind spots before they become problematic. Nobody has all the answers when it comes to finance, but sometimes even one innocent mistake can lead to a lifetime of problems.

The majority (53%) of Americans are living paycheck to paycheck, a recent survey from Magnify Money found. When you're struggling just to make ends meet, that already puts you at greater risk of experiencing financial hardship -- just one unexpected expense could put you in jeopardy. However, the report also revealed that nearly three-quarters of Americans are perilously close to severe financial challenges.

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Source Fool.com