Almost half of Americans would pay an emergency bill from their savings, according to a January 2022 survey. Meanwhile, only four percent would take out a personal loan to cover the expense.
Share of Americans who would use selected methods to cover an emergency 1,000 U.S. dollar bill in January 2022
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Statistics on Personal savings in the United States
Overview
7
- Basic Statistic Monthly personal savings as a share of disposable income in the U.S. 2015-2022
- Premium Statistic Mean and median amount of personal savings in the U.S. 2022, by type
- Basic Statistic Personal savings in the U.S. 1960-2021
- Basic Statistic Savings and other checkable deposits in the U.S. 2020-2022
- Premium Statistic Amount of money saved in savings accounts in the U.S. 2020-2022
- Premium Statistic Savings and investments held by employees in the U.S. 2021
- Premium Statistic Gross savings as share of GDP in the U.S. 1970-2020
Household savings
6
- Basic Statistic Household savings in the U.S. 2000-2021
- Basic Statistic Time and savings deposits of households and nonprofit organizations U.S. 2000-2021
- Premium Statistic Share of families that saved in the U.S. 2001-2019, by ethnicity
- Premium Statistic Share of families that saved in the U.S. 2004-2019, by work status
- Premium Statistic Share of families with savings bonds in the U.S. 2007-2019, by age of family head
- Premium Statistic Financial instruments owned by children in the U.S. 2022
College savings
4
- Premium Statistic Share of households saving for college in the U.S. 2020, by age of head of household
- Basic Statistic Total Education tax savings for college students U.S. 2001-2022
- Basic Statistic Assets of section 529 savings plan in the U.S. 2009-2021
- Premium Statistic 529 college savings average account balance in the U.S. 2016-2021
Retirement savings
6
- Premium Statistic Adults with any retirement savings in the U.S. 2021, by age group
- Premium Statistic Opinion of Americans on state of their retirement savings 2021, by ethnicity
- Premium Statistic Drivers for starting to save for retirement in the U.S. 2020-2021
- Premium Statistic Household retirement savings in the U.S. 2020-2021, by amount
- Premium Statistic Value of assets invested in IRAs in the U.S. 2021, by type
- Premium Statistic Probability of outliving their savings in the U.S. 2020-2022
Saving practices
6
- Basic Statistic Reasons why families saved in the U.S. 2010-2019
- Premium Statistic Goals in New Year's financial resolution in the U.S. 2022
- Premium Statistic Factors that are holding back Americans from saving for a down payment 2021
- Premium Statistic Factors that prevent the Americans from saving for a down payment 2021, by age group
- Premium Statistic Emergency bill: savings, credit card, borrow vs personal loan U.S. 2022
- Premium Statistic Bank account and service complaints reported CFPB in the U.S. 2021
Impact of the economy on savings
5
- Premium Statistic Adults who spent money from their savings due to inflation in the U.S. 2022, by age
- Premium Statistic Main reasons why people could not save more in the U.S. 2022
- Premium Statistic Share of people who have delayed financial milestones in the U.S. 2022
- Premium Statistic Share of people who avoided expenditures in the U.S. 2022
- Premium Statistic Actions people have found most effective to save money worldwide 2022
Further related statistics
19
- Mexico: personal loan value per capita 2016-2020
- Dominican Republic: personal loan value per capita 2016-2020
- Chile: personal loan value per capita 2016-2020
- Brazil: personal loan value per capita 2016-2020
- Guatemala: personal loan value per capita 2017-2020
- Personal loan write-offs by financial institutions in the UK 2017-2022, by loan type
- Latin America: personal loan value per capita 2020, by country
- Adults who spent money from their savings due to inflation in the U.S. 2022, by age
- Monthly personal savings as a share of disposable income in the U.S. 2015-2022
- Emergency savings in the U.S. 2022, by generation
- Goals in New Year's financial resolution in the U.S. 2022
- Approaches to saving for retirement in Spain 2021
- Saving for retirement according to French adults 2021
- Most popular saving institutions among households Philippines Q4 2022
- Life plans of Polish residents in 2023
- Share of adults with a personal loan UK 2020, by amount
- Honduras: personal loan value per capita 2016-2019
- Paraguay: personal loan value per capita 2016-2019
- El Salvador: personal loan value per capita 2016-2019
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CNBC. (January 19, 2022). Share of Americans who would use selected methods to cover an emergency 1,000 U.S. dollar bill in January 2022 [Graph]. In Statista. Retrieved March 29, 2023, from https://www.statista.com/statistics/1028741/emergency-bill-savings-credit-card-borrow-personal-loan-usa/
CNBC. "Share of Americans who would use selected methods to cover an emergency 1,000 U.S. dollar bill in January 2022." Chart. January 19, 2022. Statista. Accessed March 29, 2023. https://www.statista.com/statistics/1028741/emergency-bill-savings-credit-card-borrow-personal-loan-usa/
CNBC. (2022). Share of Americans who would use selected methods to cover an emergency 1,000 U.S. dollar bill in January 2022. Statista. Statista Inc.. Accessed: March 29, 2023. https://www.statista.com/statistics/1028741/emergency-bill-savings-credit-card-borrow-personal-loan-usa/
CNBC. "Share of Americans Who Would Use Selected Methods to Cover An Emergency 1,000 U.S. Dollar Bill in January 2022." Statista, Statista Inc., 19 Jan 2022, https://www.statista.com/statistics/1028741/emergency-bill-savings-credit-card-borrow-personal-loan-usa/
CNBC, Share of Americans who would use selected methods to cover an emergency 1,000 U.S. dollar bill in January 2022 Statista, https://www.statista.com/statistics/1028741/emergency-bill-savings-credit-card-borrow-personal-loan-usa/ (last visited March 29, 2023)
Share of Americans who would use selected methods to cover an emergency 1,000 U.S. dollar bill in January 2022 [Graph], CNBC, January 19, 2022. [Online]. Available: https://www.statista.com/statistics/1028741/emergency-bill-savings-credit-card-borrow-personal-loan-usa/