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Nearly half of first-generation Americans provide financial support to their parents and/or extended family (47%) 57% of first-generation Americans feel obligated to financially support their family Nearly a quarter of those supporting their families financially say that doing so is holding them back from paying for basic necessities (24%) First-generation Americans, those who are born […]
30% of Americans say they’re reliant on their tax refund to make ends meet in 2023, especially Gen Z and millennials Despite fewer pandemic tax credits, 29% of Americans expect a higher tax refund this year Nearly a quarter of American taxpayers plan to use their tax refund to pay for necessities (24%) It’s the […]
More than two-thirds of Americans’ finances did not improve or stayed the same in 2022 (68%) 76% of Americans made a financial mistake in 2022. The most common mistake? Not saving any money (40%) More than money mistakes, 35% of Americans developed bad financial habit(s) in 2022 Say goodbye to 2022 and all of the […]
31% of parents with children over the age of 18 are currently supporting their children financially 69% of the parents who financially support their adult children say it causes them financial stress Nearly a quarter of parents who financially support their adult children say they provide them with a regular allowance or checks (24%) Gone […]
Roughly half of Gen Z and millennials plan to travel home for the holidays, many on their parents’ dime 41% of Zoomers who are traveling home for the holidays expect their parents or family members to pay for their travel accommodations For those not traveling home for the holidays, a quarter blame rising gas prices […]
More than half (54%) of American renters don’t believe they will ever be able to own a home. 37% of renters are having to sacrifice necessities to pay their rent. 22% of renters say they can no longer afford to pay rent, while 21% say they are dependent on money from family to pay their […]
Nearly half of Americans say holiday sales won’t make a difference this year because of inflation (48%) 45% of Americans worry they’re being taken advantage of when shopping major holiday sales More than half of Americans say they have been tricked into thinking they were getting a deal during holiday sales (51%) Black Friday, arguably […]
43% of Americans who do their holiday shopping online have experienced holiday package theft Of those who have had holiday packages stolen, 35% were unable to get their money back after reporting the item was stolen The financial loss for those who couldn’t get their money back ranged from $100 to $299 for nearly half […]
Money is the biggest source of stress for 54% of Americans 44% of Americans say their finances have a negative impact on their mental health 39% of Americans say their finances keeps them up at night Money is stressful for most people. Yet, much like mental health, money has been a taboo topic that has […]
More than one-third of Americans are unable to afford gifts this holiday season (36%) To cope, 69% of Americans plan to take on debt to cover costs this holiday season Of those who plan to take on debt, 38% are most likely to do so to cover groceries for holiday meals The holiday season is […]