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I've seen similar studies about emergency funds for many years. They all say roughly the same thing: most people don't save money. To the point that not only
by kwis 15y ago
I've seen similar studies about emergency funds for many years. They all say roughly the same thing: most people don't save money. To the point that not only do they not have $2,000, they can't borrow $2,000 to handle an emergency.
- nazgulnarsil 15y agodefine "most". saving is a cultural norm in china. I've heard figures of as much as 50% of many family's income being saved.