Infographic: Savings: Quarter of Americans Have Few, One in 10 Have NoneAccording to a survey conducted by YouGov, a significant portion of Americans lack sufficient savings. The survey revealed that 27% of respondents had savings below $1,000, while 12% reported having no savings at all. In contrast, 11% had savings of $50,000 or more. The findings also highlighted the gender disparity in savings, with women less likely to have substantial savings. Factors such as lower wages, part-time employment, and higher student loan debt were identified as contributing to women's lower savings.
Source: Statista