Nearly 40% of Americans Have No Savings Right Now. 3 Tips for Saving More During COVID-19
In the midst of the coronavirus pandemic, these are uncertain times for everyone. Nearly 17 million Americans have filed for unemployment benefits in the span of just three weeks, which is one of the biggest unemployment surges in U.S. history.
With jobs scarce right now, more unemployed people are being forced to turn to their emergency funds to make ends meet. However, around 27% of Americans say they never had any emergency savings to begin with, and an additional 11% have already spent all their savings, according to a recent survey from real estate company Clever. In other words, close to 40% of people don't have a penny saved.
If money is tight, it can seem impossible to save more. However, there are a few things you can do to stretch every dollar.
Source Fool.com
