29 Personal Finance Statistics  That Might  Surprise You

A few reasons I think America struggles so much financially includes: - Stagnant wages with increasing expenses - A heavy consumer mentality over an investor mentality - Not enough financial literacy to keep people out of bad financial situations

Eye-Popping Personal Finance Statistics

Over 40% of Americans have less than $10,000 saved for when they retire.

Saving And Budgeting Statistics

As of January 2020, 41% of Americans would cover a $1,000 car repair or emergency room visit with savings.

Saving And Budgeting Statistics

About 77 million Americans, or 35% of adults with a credit file, have debt in collections reported in their credit files

Debt Statistics

The average credit card debt among Americans increased by 18.5% since 2013. 

Debt Statistics

Financial Literacy Statistics

About 55% of adults are financially literate in the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom.

America has a lot of work to do to slow down these negative statistics, but a great first step is for us to take more initiative in our finances, money, and budgeting.

Personal Finance Statistics Final Thoughts

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