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The State of Savings: Mississippi

Today, even though the U.S. unemployment rate is the lowest it has been since the year 2000, millions of people in the U.S. are living paycheck to paycheck and struggling to find financial stability. The economy is strong, and people feel secure in their jobs, yet the majority of people simply do not have enough savings built up to live comfortably in the case of an unexpected loss of income.

That’s why we’re excited to bring SafetyNet job loss and disability insurance to the state of Mississippi. At SafetyNet, we’re committed to helping Mississippi’s residents better prepare for their financial future, and to do that, we wanted to gain a better understanding of their feelings when it comes to their fiscal health and current savings habits.

While we are happy to see that Mississippi residents generally feel secure in their employment, our research also found that many still experience anxiety when it comes to managing their money. And like the rest of the nation, many state residents have not built up a significant financial cushion to prepare for the unexpected. In the infographic below, we examine the financial and savings trends our research uncovered across the state of Mississippi. Take a look.

State of Savings in Mississippi

Click here to learn more about SafetyNet in the state of Mississippi.