According to a Federal Reserve survey, 46% of Americans are not able to cover a $400 emergency expense and would have to borrow from family or friends or choose to not cover the expense.
The survey also revealed that the financial situation of American households has improved during the past five years – 74% of adults reported feeling at least “okay” financially in 2017, an increase of 10 points from the first survey four years earlier.
How about you? Could you cover a $400 emergency expense?
Check out the story and respond to this week’s poll at TanyaFree.com and the Urban Views Weekly FACEBOOK Page. Listen to the Tanya Free and Friends Talk Show Wednesdays @ 2pm on “The Choice” WQCN 105.3FM, streaming LIVE @ TanyaFree.com and BlackTalkRadioNetwork.com. You can now watch us LIVE at TanyaFree.com and ustream.tv
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