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Most Americans Live Paycheck to Paycheck

11:28 PM, Jun 25, 2013   |    comments
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BUFFALO, N.Y. -- A new study shows America is in a saving crisis.

A new study by bankrate.com found 76% of one thousand American adults surveyed do not have six months of expenses stashed away.  Experts say that's needed to survive a job loss, medical emergency, or other unexpected financial crunch.

50% didn't even have enough for three months.

27% had no savings.

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