Most Americans may need to save more money for emergencies. A poll by the National Foundation for Credit Counseling found that less than half of Americans say they would turn to their savings accounts when hit with an unexpected bill.
Having a plan in case of a major life crisis is important and, according to State Farm's Financial Plan B survey, 81% of us know it. But only 45% of those surveyed said they've actually planned ahead for that crisis. If you have a plan, it may not be a solid as you think. And if you don't, here's how to begin creating one.