However, the unfortunate truth of the matter is a record Half of American Families Live Paycheck to Paycheck.

Does it Matter? Let's investigate.

Unprepared for Nearly Anything

50% are woefully unprepared for a financial emergency.

Nearly 1 in 5 (19%) Americans have nothing set aside to cover an unexpected emergency.

Nearly 1 in 3 (31%) Americans don't have at least $500 set aside to cover an unexpected emergency expense, according to a survey released Tuesday by HomeServe USA, a home repair service.