Survey Reveals 1 in 4 Americans Lack Emergency Funds, Women Most Affected
A survey conducted by the Harris Poll for the AICPA during Financial Literacy Month reveals that nearly 25% of Americans have no emergency savings, with women disproportionately affected. The survey highlights the importance of having a substantial emergency fund to cover unexpected expenses such as job loss, divorce, or death. Despite 78% of adults having some savings, the amounts vary significantly, with many having less than three months' worth of expenses saved. The findings underscore the financial vulnerability of many households, particularly women, who are more likely to have no savings at all. 
