Photo by Liv Bruce on Unsplash Less than fifty percent of Americans could afford a last-minute, $1,000 emergency, like an unexpected car repair or visit to the emergency room, shedding light on just how hard inflation and other factors are hitting Americans’ finances (The Hill, Shirin Ali).
The reliance on borrowing is still high, with more than one-third of households having to turn to a credit card, personal loan, or family and friends in the face of unplanned expenses (Source: Greg McBride — CFA, Bankrate) 1. Emergencies Happen
If you had a $1,000 emergency come up would you […]
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