Survey: 25 percent of homeowners have no savings - Puget Sound Business Journal (Seattle):

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The survey discovered that to cut homeowners are takingextreme actions; 34 percent say they have had familty or friends move in with them in the last The (NYSE: WFC) quarterly survey indicate that 42 percent are spending less on their children in the glum Of those who have debt other than a 43 percent think about their debt every day and anothe r 24 percent think about their debt at leas once a week. Because of their 36 percent say they’re cuttinf back on smaller expenditures, such as dinintg out, buying clothes and gifts for friends.
Since Wells Fargo’s previous survey, taken in fourth quarter of 2008, the percentagre of those who have anxiety over job security has risenj to 29 percent from21 percent. Wells Fargo said the latesty survey was conducted by Ipsos Marketing andpolledx 1,565 homeowners from March 23-31.