Most families hold adequate wealth to support themselves if they missed 3-6 months of paychecks.

Question

Quizplus · Accepted Answer

According to a survey by the Federal Reserve, about 40% of Americans would struggle to cover an unexpected expense of $400, and many families do not have enough savings to cover more than a few weeks of expenses if they faced a sudden job loss or emergency. Therefore, most families do not hold adequate wealth to support themselves if they missed 3-6 months of paychecks.

Most Families Hold Adequate Wealth to Support Themselves If They