Many people do not have $1,000 saved for an emergency.


by BeyondThePurchase.Org on Sep 6, 2013 | Views: 240 | Score: 0
Take the money out of my checking or savings account.331
I would borrow the money from friends or family.67
I would take out a loan.30
I would get a cash advance on my credit card.39
I would sell or pawn some assets.22
I would disregard some other month expense.56
Sources: money.cnn.com
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BeyondThePurchase.Org
BeyondThePurchase.Org on Sep 6, 2013 1:27 PM said:

BeyondThePurchase.Org conducted a national survey and asked people "If you needed $1,000 for an unplanned expense, what would you do to obtain the money?" As the graph shows, only 60.7% of people have $1,000 saved for an emergency. This percent is very close to a recent study conducted by the National Foundation for Credit Counseling (see link below).