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1 in 4 Americans has no emergency savings
CINCINNATI (WKRC) -- American people's savings accounts might not be as big as they should be.
According to a new BankRate.com survey, about one in four Americans has no emergency savings. Many of those who do save aren't saving enough.
The recommendation was to have about six months' worth of expenses put to the side for a rainy day. But only 23 percent of those surveyed had that much.
The results were based on a survey of a thousand people.
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