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Filed under: Personal Finance
The Los Angeles Times reports that more than three out of 10 Californians have too little in emergency savings, meaning they haven’t set aside enough to get by for three months if they were to lose their jobs.Exclude illiquid assets like houses, and that number — 30.9% — rises to an even more grim 43.1%, reports the nonprofit Corporation For Enterprise Development.
And California is hardly in the country’s worst shape when it comes to economic cushions: The state ranks 39th out of 50 in…
Savings Insecurity Is Growing: Share Your Stories originally appeared on DailyFinance.com on 2012-02-06T06:30:00Z.
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