Tag Archives: emergency savings

Emergency Savings: 67% of People Don’t Even Have $500 Emergency Fund

Are You Among the 67% Who Don’t Have $500 for an Emergency Savings or Emergency Fund?

Alarmingly isn’t it? Everyone should have an emergency fund. Only 37% of Americans have enough emergency savings to pay for a $500 crisis. That is roughly 4 in 10 Americans have something to cover an emergency. And that is a small emergency like a car repair or broken appliance. What about something major like a root canal or repairing a roof from wind damage? Continue reading

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