28% OF AMERICANS HAVE NO EMERGENCY SAVINGS
Posted On: June 25th, 2012
Source: CNN Money
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Most Americans don't have nearly enough money stashed away for emergencies and more than one-in-four don't even have a single penny saved.
While the general rule of thumb is to have an emergency fund that will cover at least six months of expenses, only 25% of Americans have that amount saved, research released Monday by Bankrate.com finds.
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