33% Of Americans Are Paraylzed By Financial Woes

Jp Valery Blolco2k4m0 Unsplash

Chattanooga, Tennessee—(Pulse)

A survey of 2,000 American adults with less than two months of savings found that 33% of respondents feel paralyzed when an unexpected cost comes along.

Common financial disruptions that cause paralysis include an unexpected bill, medical emergency, or increase in cost of necessities.

25% of respondents devote one week a month to budgeting, checking their bank balance, and looking through their credit card purchases.

53% of Gen Zers find it difficult to balance finances and other priorities, and the average respondent spends about 18.63 days a year stressing over money.

(swnsdigital)

Photo by Jp Valery on Unsplash