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200 East Big Beaver Road,Troy, MI 48083

28289 Five Mile Road
Livonia, MI  48154

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McKague Financial to the Rescue

October 26, 2016

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Americans Lack Emergency Savings But More Say They Aren't Worried About It, Survey Finds

March 13, 2019

No emergency savings? No problem!

 

At least that's what nearly 1 in 5 respondents implied in a new survey on savings habits.

 

When asked if they were comfortable with having no savings set aside for emergency use, 18 percent agreed, according to a new report from consumer financial services site Bankrate.com. In a related question, almost half of respondents (47 percent) who have savings to cover less than three month’s expenses say they are somewhat comfortable or very comfortable with their savings amount.

 

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