A Chinese grandfather was shocked to discover that his 11-year-old grandson spent his entire retirement savings on tips for livestreamers.
Identified only by his surname Li, the pensioner from Sichuan found that 40,000 yuan ($5,965) disappeared from his bank account after trying to withdraw his money at a bank in Dujiangyan on January 28.
The majority of Americans live paycheck to paycheck and are just one unexpected emergency away from being flat broke, a new survey finds.
A survey released Wednesday by finance website Bankrate found that only 37% of Americans are financially prepared to handle an emergency situation, whether it is a lost job, accident, illness, or home and car repair. An estimated 63% of people in the United States lack an emergency savings fund.