57% of Americans can’t afford a $1,000 emergency expense, says new report. A look at why Americans are saving less and how you can boost your emergency savings

57% of Americans can’t afford a $1,000 emergency expense, says new report. A look at why Americans are saving less and how you can boost your emergency savings

57% of Americans can’t afford a $1,000 emergency expense, says new report. A look at why Americans are saving less and how you can boost your emergency savings When unexpected expenses crop up, having a safety net to catch you when you fall can help minimize the financial fallout. But in a struggling economy, Americans’ emergency savings are taking a hit. According to Bankrate’s Annual Emergency Fund Report, 68% of people are worried they wouldn’t be able to cover their …