---
title: Why So Many Americans Have No Savings
description: This link shares the results from a recent survey that 47% of Americans don't have immediate access to $400 without borrowing or selling something.  This study then dug deeper and found 40% can't raise $2,000 within 30 days.  This PBS interview discusses the author's challenges with maintaining a cash reserve.
---

[Blog ](https://www.onlyworkforyou.com/resources/blog)

# [Why So Many Americans Have No Savings](https://www.onlyworkforyou.com/resources/blog/why-so-many-americans-have-no-savings)

 Written by [Admin](https://www.onlyworkforyou.com/resources/blog/author/admin) | Dec 1, 2022 5:49:16 PM

 June 18, 2016

This link shares the results from a recent survey that 47% of Americans don’t have immediate access to $400 without borrowing or selling something.  This study then dug deeper and found 40% can’t raise $2,000 within 30 days.  This PBS interview discusses the author’s challenges with maintaining a cash reserve.

[https://www.pbs.org/newshour/show/why-so-many-americans-in-the-middle-class-have-no-savings](https://www.pbs.org/newshour/show/why-so-many-americans-in-the-middle-class-have-no-savings)

– David Strege, CFA, CFP®

[View full post](https://www.onlyworkforyou.com/resources/blog/why-so-many-americans-have-no-savings)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Admin"
  },
  "dateModified" : "2023-12-01T17:56:51.482Z",
  "datePublished" : "2022-12-01T17:49:16Z",
  "headline" : "Why So Many Americans Have No Savings",
  "image" : {
    "@type" : "ImageObject",
    "height" : 720,
    "url" : "https://44343272.fs1.hubspotusercontent-na1.net/hubfs/44343272/Imported_Blog_Media/Tickers-1x1-Dec-01-2023-05-56-15-9718-PM.jpg",
    "width" : 1280
  },
  "mainEntityOfPage" : "https://www.onlyworkforyou.com/resources/blog/why-so-many-americans-have-no-savings",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Blog"
  }
}
```