This Is an Emergency Fund Emergency: 64% of Americans Don’t Have $1,000 in Savings

If you suddenly needed $1,000 to cover an unexpected expense, how would you come up with the money? In a new survey, only 36% of Americans said they’d simply turn to their trusty savings accounts. The rest would be forced to hit up friends, family, or loan operations for the money, get a cash advance on a credit card, disregard payments on monthly expenses, or pawn some of their stuff. Full Story »

Posted by Subramanya Sastry - via David K. Miller (t), David Wardell (t), Malorie Jae Lucich (t), John Hollis (t), Prof. TKG. Namboodhiri (t), Sirajul Islam (t), Kristi Hancock (t), Salvador Sala (t)
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Posted by: Posted by Subramanya Sastry - Aug 11, 2011 - 12:22 PM PDT
Reviewed by: Teodor Bita (review)
Content Type: Article
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Edited by: Subramanya Sastry - Aug 11, 2011 - 1:48 PM PDT

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Teodor Bita
5.0
by Teodor Bita - Aug. 13, 2011

The true about this emergency is nothing. You must know about Romanian people, they don't have 90% this money.

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