As of September 2024, 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, 43 percent of respondents also mentioned that they had too many expenses to increase their emergency savings, while 24 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 2024
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Bankrate. (December 12, 2024). Main reasons why people could not increase their emergency savings in the United States as of September 2024 [Graph]. In Statista. Retrieved January 05, 2025, 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 2024." Chart. December 12, 2024. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate. (2024). Main reasons why people could not increase their emergency savings in the United States as of September 2024. Statista. Statista Inc.. Accessed: January 05, 2025. 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 2024." Statista, Statista Inc., 12 Dec 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 2024 Statista, https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/ (last visited January 05, 2025)
Main reasons why people could not increase their emergency savings in the United States as of September 2024 [Graph], Bankrate, December 12, 2024. [Online]. Available: https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/