As of September 2024, inflation was one of the main reasons why adults in the United States could not increase their emergency savings that year. In addition to that, 43 percent of respondents also mentioned that they had too many expenses to increase their emergency savings, while 24 percent mentioned having too much debt as a reason.
Advertisement
Advertisement
Main reasons why people could not increase their emergency savings in the United States as of September 2024
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bankrate. (December 12, 2024). Main reasons why people could not increase their emergency savings in the United States as of September 2024 [Graph]. In Statista. Retrieved June 20, 2025, from https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate. "Main reasons why people could not increase their emergency savings in the United States as of September 2024." Chart. December 12, 2024. Statista. Accessed June 20, 2025. https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate. (2024). Main reasons why people could not increase their emergency savings in the United States as of September 2024. Statista. Statista Inc.. Accessed: June 20, 2025. https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate. "Main Reasons Why People Could Not Increase Their Emergency Savings in The United States as of September 2024." Statista, Statista Inc., 12 Dec 2024, https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
Bankrate, Main reasons why people could not increase their emergency savings in the United States as of September 2024 Statista, https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/ (last visited June 20, 2025)
Main reasons why people could not increase their emergency savings in the United States as of September 2024 [Graph], Bankrate, December 12, 2024. [Online]. Available: https://www.statista.com/statistics/1356223/reasons-why-respondents-could-not-save-more-in-the-us/
