A sizable number of Americans have seen their emergency savings rise in 2025 compared with last year, but a significant proportion continue to face difficulties meeting emergency expenses from their savings alone, according to a recent report from consumer services company Bankrate.
“Nearly 1 in 3 (30 percent) of U.S. adults have more emergency savings now than they did a year ago,” the company said in the Feb. 13 emergency savings survey report. This is the same share as 2024 and is up from 26 percent in 2023. The annual survey, polled in January, was conducted among more than 1,000 individuals.
“The number of households reporting more savings than one year ago has been steadily increasing,” said Greg McBride, chief financial analyst at Bankrate.
“This is evidence that as the pace of inflation has slowed, it has enabled more Americans to make progress in building, or rebuilding, their emergency savings.” The 12-month inflation in January 2025 was 3 percent, down from 6.4 percent in January 2023.
Meanwhile, the share of U.S. citizens who say they have less savings now than they did a year back has been declining. This year, 27 percent of respondents reported such a trend, down from 32 percent in 2024 and 39 percent in 2023. […]
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