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Sarah Li Cain

Here’s How Much Americans’ Emergency Funds Are Shrinking

lolostock / Getty Images/iStockphoto

Almost anything can throw your budget into chaos. It could be a surprise medical bill or even a flat tire. The problem is that you may not have enough funds on hand to cover it.

In fact, many Americans are in a similar situation. Their emergency funds are shrinking, leaving them with less of a financial cushion when the unexpected happens.

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