New Bankrate poll reveals how Americans feel about their finances A study released by Bankrate.com found that more Americans are holding back on nonessential spending, such as vacations or dining out, since the beginning of 2011, specifically due to the rise in gasoline prices. Of the respondents who have had to change their spending habits, [...]
In spite of recent economic growth, Americans remain pessimistic about their finances. The COUNTRY Financial Security Index dipped just 0.2 points to 64.7 in April. Improvements in the ability to save and pay debts, and confidence in college funding offset a decrease in Americans’ optimism about their overall financial security and ability to retire. Americans’ [...]
More than half of working adults don’t know how much they need to save to retire Almost 40 percent of working Americans say they will never afford retirement, which, for the second year in a row, ranks as the nation’s most important financial concern, according to a telephone survey conducted for the American Institute of [...]
Shoppers look to mobile applications, social networks as deals and discounts disappear Despite showing no signs of spending less in recent months, a new Deloitte survey found that nearly three-quarters (74 percent) of Americans believe higher prices could slow their spending in the months ahead. Deloitte’s study also revealed that mobile and social connections are [...]