Emergency fundEven though financial advisors urge workers to save the equivalent of six months' salary in an emergency fund, Monster.com found that more than one-third of the U.S. workers (34%) it surveyed admitted that they have only one week or less of savings to cover living expenses if they were to be laid off or incapacitated. Sixteen% said they had four to eight weeks of savings and 14% said they were prepared for 3-5 months. Only 20% said they would meet the six-month goal.
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