Netflix’s ‘Get Smart With Money’ brings Personal Finance to Reality TV

American households are famously financially fragile, with 36% in 2020 reporting that they would have trouble covering an emergency $400 expense. A recent survey from PYMNTS and LendingClub found that 61% of Americans live paycheck to paycheck, including 36% of consumers who make $250,000 or more a year. There’s plenty of blame to go around for this precariousness, including wages that haven’t kept pace with inflation; a system that ties health insurance to full-time employment; the crushing cost of higher education; and a school system that doesn’t teach personal finance basics—to name a few. Yes, people also make poor choices with their money, but they do so within a financial structure that compounds their mistakes instead of helping to fix them.

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