On the Web
February 11, 2014
Financial Survey: Americans Unsatisfied
The Great Recession is receding into the past, but many people may still be feeling the strain in their personal finances.
Post-recession, “the fact remains that Americans are fairly unsatisfied about where they are financially,” Gerri Walsh, president of the FINRA Investor Education Foundation, said in a recent video in which she discussed her organization’s 2012 National Financial Capability Study.
The study, the nation’s most comprehensive survey of financial literacy and well-being, reported some areas of progress for average workers. Compared with 2009 – the depths of recession – more people felt they were better able to make ends meet in 2012. But a substantial minority of Americans were still living paycheck to paycheck.
A previous blog post provides other FINRA findings. To view the state-by-state data, as well as the national results, click here.
I’m not really surprised by the satisfaction findings. But it is still interesting. A quiz on FINRA’s website seemed pointless, I figure anyone following here should be able to ace it, or at worst get 4 out of 5.