Florida is now one of the most financially stressed states in the country, second only to another Southern state, according to a new report by WalletHub, which defines financial distress as having credit in forbearance or deferring payments due to financial difficulty.
“When you combine data about people delaying payments with other metrics like bankruptcy filings and credit score changes, it paints a good picture of the overall economic trends of a state,” WalletHub analyst Chip Lupo said about the findings.
Just get to whichever blue state you’re able to afford to get to. It might be CO. Poverty is a policy choice. People want to bitch and moan about property costs in CO but I’d happily pay those costs under a presumption that I’ll sooner or later have some equity out of those costs.
In FL, a huge chunk of your COL is insurance and power bills. The power company feeds like 20% of their income into GOP election campaigns. You literally need to leave the state in order for Republicans to lose their campaign finances.