👉 Underfinances, also known as debt overhangs or excess cash, is a financial term that refers to an accumulation of unearned income and savings. It represents a situation where individuals have more money on hand than they need for current needs, such as housing or food. In the context of the United States, underfinanced households are those who do not allocate their earnings effectively towards paying off debts or saving for future goals. They often have more debt compared to other consumers and may be unable