SURVEY

Americans' Financial Behavior Likely to be Impacted by International Conflict for Months to Come - Seite 2

April marks Financial Literacy Month and considering the current economic environment, it’s noteworthy that many respondents indicated they feel anxious about tracking their financial health and don’t know where to start. In addition, while a majority indicated it’s smart to start saving and investing for retirement sooner rather than later, many aren’t following their own advice. Nearly one-third (30%) say they don’t contribute to a savings account, follow a budget, contribute to an investment account, or set a financial budget each month. Among the biggest challenges people cite for keeping track of their finances are anxiety (26%) and not having time (18%).

Topline Trends Data

	Mar. 2022	Dec. 2021	Aug. 2021	Apr. 2021	Dec. 2020	Sep. 2020
How would you rate the condition of your personal finances? (Reporting “Excellent” and “Good” responses.)   Q1 2022 Survey: Confidence in personal finances reported, consistent with previous reports.	60%	64%	65%	67%	57%	64%
Overall, would you say your income is…? (Reporting “Falling behind the cost of living” responses.)   Q1 2022 Survey: Concern about meeting increased cost of living remains high.	67%	68%	65%	56%	59%	50%
Do you have an emergency fund that would cover an expense of $1,000 or more (for example, if your car broke down or you had a large medical bill)? (Reporting “Yes” responses.)   Q1 2022 Survey: About the same percentage have an emergency fund that would cover an expense of $1,000 or more.	62%