High product prices and steel economic uncertainty low-income households are most concerned in the United States, according to a new survey by the Associated Press-NORC Public Affairs Research Center.
The study found that about half of American adults in families with annual incomes less than $60,000 and about 4 in 10 in families with incomes between $60,000 and $100,000 say they very concerned about his personal finances.
About three-quarters of adults across all income groups say their household spending is higher now than it was a year ago, but those who live in households with incomes of less than $100,000 a year are more likely to than households with higher incomes to say that they also have higher debt.
Those who face combination of increased debt and spending overwhelmingly suggests that your financial situation is a major source of stress.
An AP-NORC survey found that only 1 in 10 people in households earning less than $60,000 a year said: that your savings have increased over the past yearand about 6 out of 10 say their savings have decreased.
The survey also found that people in households earning at least $100,000 a year were more likely than those with lower incomes to predict that your financial situation will improve next year39% to 26%.
Conversely, people from low-income households were more likely than people with higher incomes to expect their financial situation to worsen. with a ratio of 28% to 18%respectively.
Only 20% of adults in this group say they they are very confident that they can keep up with their spendingcompared to 30% of those earning between $60,000 and $100,000 and 46% in households earning more.
Four out of 10 adults in low-income families say they not sure they can keep up with their spending. About 6 out of 10 have at least some confidence.
For this reason, in recent months many consumers resort to using credit cards and modalities such as “buy now, pay later” to buy products.
According to an Adobe Digital Insights report, the number of shoppers using these product credits has increased by 40%.
Source: La Opinion
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