Results: Unexpected Expenses
Published on 01/16/2024
Financial Emergency
QUESTIONS
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Comments
1.
1.
Do you have money set aside for unexpected expenses that are beyond your regular monthly expenses? Yes
68%
1556 votes
No
32%
744 votes
2.
2.
What type of finance options have you used to handle unexpected expenses? Emergency Funds Saving Account
44%
1005 votes
Credit Card
46%
1051 votes
Friends or family member.
14%
324 votes
Payday Loan
4%
84 votes
Bank Loan
6%
127 votes
Other finance options.
8%
191 votes
Not Applicable
18%
418 votes
3.
3.
What type of situations would you consider a strain on your regular monthly budget? Burial Expenses
27%
632 votes
Medical Expenses
45%
1041 votes
Pet Expenses
25%
576 votes
Emergency Travel Expenses
25%
577 votes
Expense incurred due to a natural disaster.
41%
933 votes
Not Applicable
25%
573 votes
4.
4.
Has your life been so blessed that you have never encountered any emergency expenses? Yes
28%
648 votes
No
72%
1652 votes
COMMENTS