Welcome Guest

Educate yourself?

Posted on: June 20, 2024 at 10:09:27 CT
Spanky KU
Posts:
146354
Member For:
21.00 yrs
Level:
User
M.O.B. Votes:
2
https://www.bankrate.com/personal-finance/travel-spending-vs-building-emergency-fund/

Trying to cut back on spending is never easy, and it becomes even more difficult if all you want to do this summer is go on a summer vacation. As travel has grown more expensive, ongoing economic uncertainty means some Americans may be reconsidering their priorities: spend their hard-earned money on a vacation or reserve it for emergency savings?

Bankrate has found that Americans are typically choosing to spend money on travel, even when their emergency fund is low.

Slightly less than half (44 percent) of U.S. adults who have traveled or anticipate taking a leisure trip this year have spent, or plan to spend, at least $1,000, according to a June 2023 Bankrate survey. Simultaneously, 52 percent of U.S. adults have less than three months’ expenses in emergency savings, according to a separate June 2023 Bankrate survey. That includes 22 percent of people who have no emergency savings at all.
Report Message

Please explain why this message is being reported.

REPLY

Handle:
Password:
Subject:

MESSAGE THREAD

another banger stat that the economy is great - Fire Marshall Bill MU - 6/20 08:21:07
     Educate yourself? - Spanky KU - 6/20 10:09:27
     Oops. Another bad day for Trump losers - MoArk MU - 6/20 09:05:25
          Why not address the OP? - MIZ45 MU - 6/20 10:02:31
     high inflation and record high grocery prices(nm) - tman MU - 6/20 09:04:02
     Record credit card debt - 4TigersinMichigan MU - 6/20 08:29:23
          Car repossessions up.... - Tigrrrr! MU - 6/20 08:42:50
               yeah but that’s just a right wing propaganda site(nm) - Fire Marshall Bill MU - 6/20 08:45:37
                    Home foreclosures up..... - Tigrrrr! MU - 6/20 08:46:38
                         yeah, but people are on planes man! - Fire Marshall Bill MU - 6/20 08:50:22
                              DEI idiots are demanding they rename the cockpit. - Tigrrrr! MU - 6/20 08:53:40
                         700K new jobs that were previously reported were - tman MU - 6/20 08:48:29
                              LOL @ DOC - MIZ45 MU - 6/20 10:42:29
                              Bidenomics in action.... - Tigrrrr! MU - 6/20 08:49:22
          A significant percentage of Americans... - Gyro STL - 6/20 08:34:18
               You mean like the Inflation Reduction Act? - MIZ45 MU - 6/20 10:04:25
     Cant wait to hear the - GODZILLA MU - 6/20 08:23:40
          it’s not number of people traveling - Fire Marshall Bill MU - 6/20 08:24:25




©2025 Fanboards L.L.C. — Our Privacy Policy   About Tigerboard