bernard
THEE Realist
One clear barometer of Americans' financial fragility, according to the survey: Only 63% of those surveyed said they had enough cash to cover an emergency $400 expense, down 5 percentage points from 2021. Of that total, 18% said the largest expense they could handle with savings was $100.
Inflation has sapped Americans' financial security, Federal Reserve finds
Battered by high prices, more than a third of adults said they were worse off in 2022 than a year earlier.
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