More Americans are concerned about getting or keeping their financial houses in order, according to the latest Bankrate Financial Security Index, with nearly half of respondents saying they are most concerned with catching up on bills or remaining current on living expense.
“Americans' top financial priorities reflect the realities many households face of stagnant incomes, outstanding debt and insufficient savings,” said Greg McBride, CFA, chief financial analyst for Bankrate.
Paying down debt was the No. 1 priority of 22 percent of those surveyed, compared with 20 percent a year ago. Consumers nearing retirement (ages 50-64) were most likely to cite it as their top priority.
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Alan Goforth
Alan Goforth is a freelance writer in suburban Kansas City. In addition to freelancing for several publications, he has written a dozen books about sports and other topics.
