Finances

Study Finds  

• 62% of Gen Z have no emergency savings, nearly double the rate of baby boomers.
• 51% of Americans would use a credit card for a $500 emergency, with usage jumping to 70% among students.
• Two-thirds of consumers have six months or less in savings, with Gen X the least prepared.
• 76% lack a credit card set aside for emergencies, relying instead on everyday-use cards.