What does it mean when one out of every four Americans has more credit card debt than emergency savings?

FROM CNN's Jack Cafferty: Americans are back to their old irresponsible ways when it comes to credit card spending. A new survey shows that only 54% of Americans have more emergency savings than credit card debt. Which means many of us are only one major unplanned expense away from financial catastrophe. The BankRate.com poll also … Continue reading What does it mean when one out of every four Americans has more credit card debt than emergency savings?