The financial stability of American households is precarious, even across income levels

Many Americans are unprepared for unexpected expenses and lack emergency funds 

Inflation and rising interest rates have worsened the financial struggle for households 

Personal finance expert Suze Orman stresses the importance of building and maintaining an emergency fund 

High inflation has increased the cost of living, affecting everyday items and essential expenses 

A significant percentage of Americans live paycheck to paycheck, leaving no room for saving