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Show-Me Data: Missourians Lack Savings

Show-Me Data: Missourians Lack Savings

While Missourians recover from a national recession, a new statewide survey suggests that most are ill prepared for a financial emergency. Conventional wisdom suggests that every consumer should have about three months worth of savings for unexpected situations. According to a recent survey by the Missouri Credit Union Association (MCUA) that measured savings and purchasing habits, less than 30 percent of respondents reported having enough savings to last four months or more, and 42 percent reported having no savings at all.

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Credit Unions Asked to Participate in Consumer Survey


In an effort to increase visibility of Missouri credit unions, MCUA is making strides toward a public relations campaign designed to put YOU in the news. Our first endeavor is a brief member survey that I'd like you to link on your website and other social media platforms.

The survey is designed to obtain members' opinions on issues ranging from spending and saving to financial education. The data gathered from the responses will help us inform the media and other audiences about consumer opinions, behaviors and outlooks.

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