3 of 4 Americans Living Paycheck-To-Paycheck

Thank God it's summer, because apparently few people in the US are prepared for a rainy day. A new study by Bankrate.com found 76% of 1,000 American adults surveyed don't have six months of expenses stashed away—enough to survive a job loss, medical emergency, or other unexpected financial crunch, reports CNNMoney. Worse, 50% didn't even have enough for three months, and 27% had no savings.

Despite the improving economy, these figures have stayed the same for three years. "People have long been woefully under-saved for emergencies," Bankrate's senior financial analyst tells the Huffington Post. "While they may now realize the importance of emergency savings, they’ve done very little to move the needle." (More savings stories.)