Nearly 44 percent of Americans don't have enough savings or other liquid assets to stay out of poverty for more than three months if they lose their income, according to the Corporation for Enterprise Development.
Chelsea Clinton makes cards with 8-year-old Addison Rose on the National Mall on Saturday as part of the National Day of Service events. Clinton, daughter of former President Bill Clinton and Secretary of State Hillary Clinton, is the honorary chair of the National Day of Service.
Volunteers sort through piles of donated clothes for Superstorm Sandy victims at an impromptu Staten Island aid station in November. Relief groups are still trying to figure out what to do with donated clothes people sent to New York and New Jersey in Sandy's aftermath.
James Vouloukos (left) and William Ferris sort through donated clothes in Oceanside, N.Y. Relief workers say cash is more useful than donated supplies for their efforts.
Bruce Bennett/Getty Images
After Superstorm Sandy, the Food Bank of Monmouth and Ocean Counties in Neptune, N.J., is filled with water bottles, canned food and other goods. But these supplies are going out almost as fast as they come in.