Regardless of generation, less than half of Americans in the Gen X or younger could cover a surprise 1,000 U.S. dollar expense from their savings, according to a December 2023 survey. Approximately 59 percent of respondents in the baby boomer generation could pay for such an expense, whereas only 43 percent of millennials said the same.
Share of people who would cover a 1,000 U.S. dollar emergency bill with savings in December 2023, by generation
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Bankrate. (January 24, 2024). Share of people who would cover a 1,000 U.S. dollar emergency bill with savings in December 2023, by generation [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1321383/emergency-savings-by-generation-usa/
Bankrate. "Share of people who would cover a 1,000 U.S. dollar emergency bill with savings in December 2023, by generation." Chart. January 24, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1321383/emergency-savings-by-generation-usa/
Bankrate. (2024). Share of people who would cover a 1,000 U.S. dollar emergency bill with savings in December 2023, by generation. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1321383/emergency-savings-by-generation-usa/
Bankrate. "Share of People Who Would Cover a 1,000 U.S. Dollar Emergency Bill with Savings in December 2023, by Generation." Statista, Statista Inc., 24 Jan 2024, https://www.statista.com/statistics/1321383/emergency-savings-by-generation-usa/
Bankrate, Share of people who would cover a 1,000 U.S. dollar emergency bill with savings in December 2023, by generation Statista, https://www.statista.com/statistics/1321383/emergency-savings-by-generation-usa/ (last visited December 23, 2024)
Share of people who would cover a 1,000 U.S. dollar emergency bill with savings in December 2023, by generation [Graph], Bankrate, January 24, 2024. [Online]. Available: https://www.statista.com/statistics/1321383/emergency-savings-by-generation-usa/
