As Americans still feel the pressure to live paycheck to paycheck, 25 percent of Americans consider themselves poor while 69 percent say they are not poor and 6 percent are unsure, according to a new survey by online lender CashNetUSA.com.
Thirty-two percent of respondents from North Central United States say they are poor, and 25 percent of those from the South, 23 percent of those from the West and 20 percent of those from the Northeast say the same. Another 32 percent of respondents under age 30 consider themselves poor as opposed to 14 percent of those ages 50 to 59.
Still, most respondents appear to strongly understand available funds and monthly expenses as 47 percent know the exact figures in their checking or savings accounts, 48 percent have a rough idea and 5 percent haven't a clue. These percentages are nearly identical among male and female respondents.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
