January 26, 2025

Most Americans cannot afford a $1,000 emergency expense, with inflation and high interest rates affecting their ability to save adequately, according to a recent survey by consumer services company Bankrate. A full 59 percent of Americans aren’t in a position to use their savings “to pay for a major unexpected expense, such as $1,000 for […]

Source: 59 Percent of Americans Don’t Have Enough Savings for a $1,000 Emergency: Report

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