Ability to Handle $400 Emergency Displays Consumers’ Financial Resiliency: Survey
Account Recovery
AUGUST 2, 2024
More than 90% of households can handle a $400 expense shock, with low-income households showing unexpected resilience, according to a report released this week by The JPMorganChase Institute. By the Numbers: Key Findings: Additional Insights: The Bottom Line: The new data reveals a more optimistic view of American financial resilience than previously thought.
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