Nearly 40% of cash-strapped Americans can’t last a month on savings
Nearly 40% of Americans who lost a job or had a reduction in take-home pay due to Covid-19 can’t last more than a month on savings of any kind, according to a SimplyWise survey.
It’s a sobering reminder that many families are teetering on the edge of financial ruin.
Meanwhile, federal unemployment aid ended in July and eviction protections have expired in many parts of the country.