emergency savings

More than half of U.S. adults could not pay a $2,000 emergency bill from savings, the Federal Reserve's latest survey data shows, shining a light on the fragility of family finances despite a strong labor market. What Happened: According to the survey of Household Economics and Decision-Making,...

Financial planning for the future is anxiety-inducing in and of itself, but saving money for unexpected events, like vital car repairs, a prolonged job hunt or emergency hospitalization, will definitely put you out of the mood for weekly dinner and drinks at your favorite restaurant. The impulse...