More than half of all Georgians (52.6 percent) could not cover essential expenses for more than three months if they lost their source of income, an improvement from a year ago when 76.3 percent said they could not survive more than three months if they lost their income.
Consumers in Georgia are reluctant to spend money on big ticket items, opting instead to squirrel away as much of their income as possible, new data and poll results from Georgia Credit Union Affiliates shows.
ATLANTA (Nov. 17, 2009) – Georgians are planning to spend money carefully this holiday season, and overwhelmingly, they don’t want to rack up enormous credit card bills in the process, according to a new poll