More Than Half of Americans Don’t Have Enough Savings to Cover $1,000 Expense

A new survey highlights how most Americans would be unable to use their savings in order to pay for an unexpected expense. While the poll from Bankrate acknowledged the country’s falling inflation numbers and strong employment trends, it added that “many Americans still don’t have enough savings for a rainy day.” The annual survey, which Bankrate has conducted for the past 13 years...

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