Emergency Funds and You
Prepping for a financial emergency.
Feeling good about money
More than 6 in 10 Americans are feeling good or excellent about their financial security and are able to set aside money for savings and investments.
COVID-19 having little impact on financial security
Just 2 in 10 Americans say COVID-19 has negatively impacted their financial security in the past year.
Our survey found people who feel COVID-19 is under control are ready to make up for what they missed out on last year— like traveling. In fact, 2 in 3 Americans tell us they’re making big spending plans for the summer.
Eager to make a big splash with a vacation, home renovation, or other big purchase? Before you do, ask yourself these three questions.
If not, consider putting a little more away before you book that next vacation. Aim for saving three to six months’ worth of your expenses.
If you’re in a good position to do so, consider increasing how much you set aside per month or year for retirement. This is where checking in with a professional could help make sure you’re on track to reaching your goals.
A budget is a great way to help make sure you continue to save, and it can help you feel better about your spending choices. This budget calculator is a good place to start.
Navigating your financial goals alone can feel overwhelming. We offer complimentary planning services to help make sure you’re on track. We can meet with you over the phone, on a video call or in person— whichever you prefer!
The COUNTRY Financial Security Index survey has measured Americans' feelings about their personal financial security since 2007. Surveys are conducted using Ipsos' KnowledgePanel®— a national, probability-based panel, designed to be representative of the general population and includes responses from approximately 1,330 U.S. adults for national surveys. The margin of sampling error for a survey based on this many interviews is approximately +/- 3.2 percentage points at the 95% confidence level. See the full results.
1The COUNTRY Financial Security Index® survey of 1015 U.S. adults, fielded by market researcher Ipsos.