Nearly 40% of cash-strapped Americans can’t last a month on savings
- Nearly 40% of Americans who lost a job or had a reduction in take-home pay due to Covid-19 can’t last more than a month on savings of any kind, according to a SimplyWise survey.
- It’s a sobering reminder that many families are teetering on the edge of financial ruin.
- Meanwhile, federal unemployment aid ended in July and eviction protections have expired in many parts of the country.
- https://www.cnbc.com/2020/08/19/nearly-40percent-of-cash-strapped-americans-cant-last-a-month-on-savings.html