Survey: 41 Percent Of Americans Pay For Unexpected Expense With Savings

bankrate

Just 41 percent of adults said they would pay an unexpected cost from savings. That’s a 4 percent increase from last year’s survey.

If you have a car, house or apartment, or a pet or child — shoot, if you’re a member of the human race — something that costs money is bound to go wrong.

In Bankrate’s latest survey, 45 percent of American adults said they or their immediate family had had a major unexpected expense in the past 12 months. That’s up 2 percent from last year.

The most common unexpected incidents are related to transportation, appliances or home-related breakdown or injury or illness.