4 ms·

That seems low if 40% of Americans can't find $400 for a surprise expense...or maybe the fact that it's so low is why they can't $400 if they needed it. https:

• astura 7y ago
  Because people like using credit cards for everyday spend, apparently? "With cash or money currently in checking/savings" is at 45% but the next highest percent is "With a credit card, paid off in full at the next statement" at 33%. There's plenty of reason to use a credit card for a $400 expense even if you have $30,000 sitting in your checking account, so those who expect to pay off their credit card in full when the balance closes should be "counted" as having the emergency covered.