Published • loading... • Updated
Midlife financial pressures leave many stuck without savings cushion
Bankrate reports 58% of Americans couldn't increase emergency savings last year due to rising costs and competing financial priorities, especially in midlife.
Summary by WRTV
6 Articles
6 Articles
Midlife financial pressures leave many stuck without savings cushion
Most people strive to save more money, but experts say too many variables are making it harder to set money aside for emergencies."Costs have gone up. Inflation is wearing on household budgets," said Stephen Kates, CFP and financial analyst at Bankrate. "People are trying to make their dollar stretch further. And in doing so, there's a little bit left over to simply pad the emergency fund."The struggle to build savingsBankrate's annual emergency…
Coverage Details
Total News Sources6
Leaning Left0Leaning Right0Center6Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium


