29 Personal Finance Statistics That Might Surprise You

A few reasons I think America struggles so much financially includes: – Stagnant wages with    increasing expenses – Not enough financial literacy  – The impact of the COVID-19    Pandemic and many more...

Eye-Popping Personal Finance Statistics

A report in MarketWatch found that half of the American households currently live paycheck to paycheck.

Saving And  Budgeting Statistics

– The average American saves less than 5% of his or her disposable income. (LA Times)

Saving And  Budgeting Statistics

Debt Statistics

Credit card debt comes with a cost. The average household with revolving credit card debt pays $904 in interest annually.  (Nerd Wallet)

–43% of Americans spend more than they receive each month borrow and use credit cards to finance the shortfall. (Federal Reserve)

One in four parents reported that they never or almost never talk to their kids about household finances. (Guidant)

Financial Literacy Statistics

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