Re:25% of Americans say they worry about money ‘all the time’
by astura on Tuesday May 28, 2019 @01:34PM
(#20032379)
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.
https://www.cbsnews.com/news/nearly-40-of-americans-cant-cov...