yeah, thanks. it's a weird old-fashioned thing, although, as I replied to someone else, I realized I do have a 'savings account', in one of those fancy new online banks, paying ~50x what my local brick and mortar pays. It's such a weird situation, because... if they even paid something like .7% or 1%, I wouldn't have bothered to move money out. Slowly, I will probably just stop using them when all new activity is done online, but I'm a child of B&M banks, and breaking the connection 100% is hard to do.
Given that the median American household has $1000/month in discretionary income -- money they can spend on beer or savings -- it wouldn't make sense that 60% of Americans don't have $500 to cover an emergency. Unless it was defined as cash in a "savings account", which most people (myself included) don't use.