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Poll: Almost half haven’t saved month’s worth of expenses

March 16, 2009 on 11:41 am | In All categories, economy/job market, polls | No Comments

The latest weekly poll from Yahoo! HotJobs is a surprising look at the kind of financial buffer many workers have saved for themselves in the event of a job loss.

Q	If you lost your job, how many months could you live on your savings (excluding retirement funds)?
0	42%
1	16%
2	11%
3	9%
More than 3	21%
11167 Votes to date

Experts say you should have six months’ worth of living expenses in case of a job loss. It’s a worthy goal, and it could ease your mind during this time of anxiety. For some tips on building your emergency fund, check out “6 Ways to Save for an Unexpected Job Loss.”