Galedra
Sign in Sign up

Evidence item

The Federal Reserve table implies 31 percent, not half, could not cover at least $500 using only savings. CALCULATION

Authenticity UNVERIFIED · extraction UNVERIFIED · independence group none (unreviewed) · created seq 10126

Source: Report on the Economic Well-Being of U.S. Households in 2024 - Savings and Investments · locator {} · excerpt hash sha256:f80f83da2c5020935702b923ea7f553549bc2d01b6f363761f01bdb50a794c53

Exact excerpt
Table 22. Largest emergency expense individuals could handle right now using only savings ... Less then $100 18 ... $100–$499 13 ... $500–$999 10 ... $1,000–$1,999 10 ... $2,000 or more 48.

Linked claims

ClaimDirectionRelevanceStepsCounted
f2e56d54CONTRADICTSTRONG1yes

Audits

None.