A common assumption today is that salaried employees are generally financially secure. They have a job, likely a 401(k) plan that they contribute to, a budget for maintaining their finances, and more. However, what many people fail to realize is that a lack of savings for unexpected expenses is the primary cause of financial insecurity today. In 2019, 69% of Americans had less than $1,000 in a savings account compared with 58% in 2018, and this is when the economy was stronger and employment numbers were higher. Without having that cushion set aside for surprise expenses like medical emergencies, and home and auto repairs, many become increasingly financially insecure.