One-third of Americans have nothing to fall back on in case of an emergency — and that's dangerous. What you can do

Despite the vast majority (75%) of Americans saying emergency savings are essential to financial security, one-third (32%) have no emergency savings set aside, according to a June survey by Empower. (1) That’s a huge increase from last year, when the financial services company published an April survey showing 21% of Americans had no emergency savings. (2) Must Read High living costs may be forcing Americans to squeeze their budgets, leaving less room for savings. The current state of affairs has left ...