It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Wednesday, July 25, 2012

Financial Security Of Americans Declines In July, The Biggest Drop In Nearly A Year

Financial Security Of Americans Declines In July, The Biggest Drop In Nearly A Year

"The survey found that 28 percent of Americans are in a worse financial situation than they were one year ago. And 39 percent of Americans feel less comfortable about their savings than they did one year ago. The survey's measures of net worth, job security and comfort with debt level also fell.
Only 60 percent of Americans track their monthly spending against a budget, according to the survey. Princeton Survey Research Associates International conducted the survey for Bankrate.com, interviewing a nationally representative sample of 1,004 Americans by phone in early July.
Most Americans would not be able to survive a financial emergency such as a job loss. Only 25 percent have enough savings to cover at least six months of expenses, according to a Bankrate.com survey released in June. More than one in four has no emergency savings at all."

No comments:

Post a Comment