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Money Facts
  • More than two-thirds of Americans cannot cover a $400 emergency expense.
  • High interest rates disproportionately affect those with low credit scores.
  • 20% of employees run out of money between paychecks.
Housing Facts
  • More than 15% of American households are behind on their rent.
  • Up to 30% of renters’ gross income is spent on rent.
  • In one year, housing costs rose more than 20%.
Work Facts
  • $10.97 is the average hourly wage earned by American workers.
  • Nearly 3 million women were displaced from the labor force during the pandemic.
  • 51% of people living paycheck to paycheck earn more than $100,000 annually.
Education Facts
  • On average, $28,950 in student debt is owed per borrower.
  • Among low-income families, only 9% of students earn a bachelor’s degree.
  • Total student loan debt, including federal and private loans, equals $1.75 trillion.
Health Facts
  • Only 8% of adult Americans undergo routine preventive screenings.
  • $1,300 is the average spend on prescription drugs per person per year.
  • The annual cost for employer-sponsored health insurance is $7,911 for single coverage and $22,463 for family coverage.
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_______________________________________________________ *The ImpactFool Fund is not a traditional investment fund - but rather a Venture Philanthropy Fund where donations from our community are awarded to other nonprofits by The Motley Fool Foundation.