If you noticed you're not saving as much as you used to, you're not alone. Bankrate released its annual Emergency Savings Report, and 73% of those surveyed said they were saving less due to high inflation, changes in job statuses or higher interest rates.
They also found only 41% of those surveyed would use savings if a surprise bill came due. Instead, they would opt for borrowing money, putting it on a credit card and spreading the payments out over time or reducing their spending on other expenditures.
