A new poll released on Thursday shows that one-third of Americans have more credit card debt than emergency savings.
Bankrate, a consumer financial company, found that the percentage of people with more credit card debt than emergency savings varies by generation. Millennials lead the trend, with 42 percent carrying more debt than savings, followed by 39 percent of Gen Xers, 27 percent of Gen Zers, and 24 percent of Baby Boomers.
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