A Quarter Of American Adults Can’t Pay All Their Monthly Bills; 44% Have Less Than $400 In Cash

A Quarter Of American Adults Can’t Pay All Their Monthly Bills; 44% Have Less Than $400 In Cash:

According to the Fed’s latest annual “household well-being” report, 23% of US adults are not able to pay all of their current month’s bills in full while 44% of respondents said they wouldn’t be able to cover an unexpected $400 expense like a car repair or medical bill.

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