A report from the Corporation for Enterprise Development shows that about forty percent of all South Dakotans have little or no money saved for an emergency. The “Assets and Opportunity Scorecard” rates the state eleventh overall for financial stability of it’s residents. Greg Boris with South Dakota Voices for Children, says low pay contributes to the problem…
Boris says financial education at all ages is needed…
The scorecard says a family of four should have about fifty seven hundred dollars in the bank to meet basic needs for three months. Boris says it’s difficult to save that amount for most families…