The recent National Financial Capability Study revealed that Americans are stressed about finances. The study itself focused on analyzing “financial anxiety” amongst different demographics. The study concluded that overall 53% of Americans stated that thinking about their personal finances gave them anxiety. In addition, 44% of Americans admitted to an increased heart rate when talking or thinking about their financial situation.
Anxiety and Finances
Among subgroups, millennials were found to be the most anxious with 63% feeling anxiety and stress when contemplating their finances. Women also seem to feel more anxiety about finances than men. 57% of women reported feeling financially anxious versus 47% of men.
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