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Nearly 40% of Americans have less than $500 in cash savings, survey shows

About 1 in 5 respondents said they cannot save consistently as 34% cited the cost of living, according to a LendingTree survey.

  • Nearly 40% of Americans have less than $500 in cash savings, according to a recent survey.
  • About 1 in 5 people said they aren't able to save consistently, especially those who make less than $30,000.
  • A majority of people who were surveyed said the main reason they are not able to save more is due to the cost of living.
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Fox 9Fox 9
+6 Reposted by 6 other sources
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Nearly 40% of Americans have less than $500 in cash savings, survey shows

Nearly 40% of Americans said that they have less than $500 in cash savings, according to a recent survey.

·Minneapolis, United States
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Fox 10 Phoenix broke the news in on Tuesday, March 31, 2026.
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