Question & Answer

Emergency savings statistic

45 % of Americans have less than $1,000 saved for a(n) ____. A. Emergency B. Car C. Retirement fund D. New smartphone

1 Answer

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Quizzma TeamOctober 25, 2025

The correct answer is A. Emergency.

Explanation: The statistic indicates that a significant percentage of Americans do not have sufficient savings set aside for unexpected expenses or emergencies, highlighting the importance of having an emergency fund.