Culture of Spending: 76% of Americans Living Paycheck to Paycheck
- Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults.
- 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.
- 22% of the 1,000 people it recently surveyed had less than $100 in savings to cover an emergency,
- while 46% had less than $800
