Experts say you should squirrel away six months’ worth of expenses as a contingency for losing a job or a medical emergency. But in New York, it would take someone half a lifetime to save that much, according to a new study. The average New Yorker would have to save for 521 months – or more than 43 years – to save up a roughly $30,000 six-month emergency fund, according to the personal finance site […]
source https://therealdeal.com/national/2019/07/14/new-york-is-among-the-worst-cities-to-save-for-a-rainy-day-study/#new_tab
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