that's true to some extent, but at this point it's mostly a meme (at least the 60% number was)

> In 2023, 54 percent of adults said they had set aside money for three months of expenses in an emergency savings or “rainy day” fund—unchanged from 2022 but down from a high of 59 percent of adults in 2021.

https://www.federalreserve.gov/publications/files/2023-repor...

via

https://www.noahpinion.blog/p/paycheck-to-paycheck-and-five-...

That’s way higher than I’d have guessed. Maybe there is some sort of bimodal distribution happening there. Half the pop is flat broke the other has multiple months of buffer