A survey by Neighbor Works America found 29 percent of Americans would be unable to weather these storms.
Lynne McConnell with Neighbor Impact says more people need to save for a rainy day.
"A large proportion of Americans do not have enough savings if they were to face a financial emergency. Many of us are not saving enough to weather a health probelm or our vehicle breaks down or we temporarily lose employment."
While low income folks are often hit hardest during these emergencies, even higher income earners lack adequate savings.
Eleven percent of those earning more than 100-thousand dolalrs have no savings.