Is Your Family Prepared for Financial Hardships?

I read over the weekend a Bloomberg Article that discussed the job market and Washington's plans to fix it.  To quote a portion of the article,

"The average American is ill-prepared for a lengthy spell of unemployment, said van Dijk. Households reduced their savings in the last expansion -- putting aside less than 1 percent of disposable income in 2005-2006, compared with an average 6 percent the previous 30 years -- and thus didn’t have much in reserve."

Not being financially prepared is a huge issue for most Americans today.