Report: Georgia Ranks Dead Last in Financial Security, Not Just the Poor and Middle Class (CFED)

Georgia is dead last in the nation in financial security. According to a newly published report by the Corporation for Enterprise Development, Georgia ranked dead last in terms of the financial security of its residents, based on factors such as their high debt load, lack of savings and assets, and the prevalence of personal bankruptcies, the AJC reports. In other words, Georgians are living on the financial edge and one paycheck away from disaster. What’s even more alarming is that it’s not just the poor, it includes the middle class and beyond as well.