Evidence item
The Federal Reserve table implies 31 percent, not half, could not cover at least $500 using only savings. CALCULATION
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
| Claim | Direction | Relevance | Steps | Counted |
|---|---|---|---|---|
| f2e56d54 | CONTRADICT | STRONG | 1 | yes |
Audits
None.