
Dissipating! Our 'Rainy Day' Funds Are Shrinking
More and more Americans are having to dip into their "Rainy Day Funds,' or emergency savings with inflation being the biggest culprit.
That's one of the many findings revealed in a study by Fidelity Investments.
In 2023, more than 40 percent of respondents to the poll who admit having to dip into their savings blame the ballooning costs of day-to-day living as the primary reason...