Listen: Alex Gailey, Bankrate Analyst. lA new Bankrate survey just released and found that over half of American workers (53%) say it’s difficult or impossible to consistently save enough money to feel comfortable for emergencies, retirement, or any other reason, given their current financial situation. This includes 44% who think it is very or somewhat difficult, and 9% who think it’s impossible. Nearly half (47%) say it’s easy, in comparison. But Bankrate’s data suggests a tale of two Americas: one where saving money feels difficult or even impossible, and one where saving money feels easy.
https://www.bankrate.com/banking/see-how-to-save-money-through-small-savings-over-time/
According to Bankrate’s latest emergency savings survey, less than half of Americans (44%) say they could afford to pay for a $1,000 emergency expense from their savings (https://www.bankrate.com/banking/savings/emergency-savings-report/).
Alex Gailey, Bankrate Analyst