As of September 2023, inflation was one of the main reasons why adults in the United States could not increase their emergency savings that year. In addition to that, 38 percent of respondents also mentioned that they had too many expenses to increase their emergency savings, while 21 percent mentioned having too much debt as a reason.
Main reasons why people could not increase their emergency savings in the United States as of September 2023
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Bankrate. (October 25, 2023). Main reasons why people could not increase their emergency savings in the United States as of September 2023 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate. "Main reasons why people could not increase their emergency savings in the United States as of September 2023." Chart. October 25, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate. (2023). Main reasons why people could not increase their emergency savings in the United States as of September 2023. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate. "Main Reasons Why People Could Not Increase Their Emergency Savings in The United States as of September 2023." Statista, Statista Inc., 25 Oct 2023, https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate, Main reasons why people could not increase their emergency savings in the United States as of September 2023 Statista, https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/ (last visited December 03, 2024)
Main reasons why people could not increase their emergency savings in the United States as of September 2023 [Graph], Bankrate, October 25, 2023. [Online]. Available: https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
