Jill Schlesinger: The beauty of cash

A spring survey released by the National Endowment for Financial Education (NEFE) found that 88% of Americans said the pandemic is causing stress on their personal finances. Chief among those stressors

Jill Schlesinger 

was not having enough saved for emergencies. That’s not surprising, considering that before COVID-19, an alarming number of people lived perilously close to the financial edge. A Federal Reserve report found that 4 in 10 adults would have difficulty covering a $400 unexpected expense.