Half of Americans have less emergency savings than last year or no savings at all

Fri, 02/24/2023 - 10:33

Tech Insider

Economy

• Some Americans are seeing their emergency savings decline.
• New Bankrate results show that 39% of US adults have less emergency savings than last year.
• That can be concerning given today's economic situation of high inflation even with a strong labor market.

Some Americans have seen their emergency savings tumble from just a year ago.

Tags

economy, Bankrate, Emergency Savings, Savings, Credit Card Debt, Debt

Source

Half of Americans have less emergency savings than last year or no savings at a…