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A Credit One Bank study reveals that a majority of Gen Z consumers have no emergency savings.

While most consumers prefer cash for emergencies, many would turn to credit, with Gen Z most likely to exceed credit limits.

Financial experts recommend three to six months of essential expenses in savings, but many across all generations fall short of this goal.

Saving money is easier said than done, and according to a recent study from Credit One Bank found that it isn’t a priority for most of Gen Z.

“In 2025, economic uncertainty has reached record highs, causing many consumers to reassess their financial safety nets,” the study says .

“But are they relying on emergency savings, turning to credit, or simply going without? Credit One Bank surveyed over 1,000 consumers

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