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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
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…

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KBZK broke the news in on Tuesday, February 17, 2026.
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