28% of Americans have no emergency savings
(MCT) — Nearly half of Americans -- 49 percent --don't have enough emergency savings to cover three months expenses - up from 46 percent last year, according to research released Monday by Bankrate.com.
Only one quarter of the people surveyed said they had saved six months' expenses, the generally recommended cushion, according to Bankrate.com, a Web-based financial content provider. That figure climbed by one percentage point compared to last year.
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