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Two-thirds of Americans wouldn't survive a financial emergency

http://www.latimes.com

If the standard financial wisdom is true – that surviving a financial catastrophe requires a 6-month cache of emergency savings – then two-thirds of Americans may be in for a nasty surprise.

Only a quarter of U.S. adults have more than six months of funds set aside and readily accessible for such disasters; 28% had none at all, according to Bankrate.com.

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Cyphase's picture
Created by Cyphase 1 year 42 weeks ago
Category: Economics   Tags:

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