36% of U.S. adults now have more credit card debt than emergency savings, a record high.

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According to a recent Bankrate report, 36% of U.S. adults carry more credit card debt than emergency savings, marking the highest percentage in 12 years. This troubling trend underscores the financial strain many Americans are experiencing amid rising living costs and economic uncertainties.

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Americans Now Have More Debt Than Savings! 💎
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Sources:

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https://www.cnbc.com/select/record-high-credit-card-debt-outpaces-americans-savings/

https://www.cbsnews.com/news/2024-inflation-credit-card-debt-emergency-saving-lending-tree-report/

https://www.debt.org/faqs/americans-in-debt/demographics/


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