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Nashville, TN, Oct. 21, 2024 (GLOBE NEWSWIRE) – A new report from Ramsey Solutions shows that 78% of adults are worried about the economy, with millennials (ages 27-42) the most concerned at 83%. This survey was conducted just weeks before the presidential election.
Many Americans feel the pressures of rising costs; 37% say their finances are worse than four years ago, while only 29% feel better off. Over half (52%) think the presidency significantly impacts their finances.
Dave Ramsey, a personal finance expert, emphasizes the importance of voting but reminds people that managing their household budgets is crucial for financial success. Less than half of Americans believe a written budget is essential.
Other highlights of the survey include:
- 1 in 3 Americans plan to use credit cards for Christmas expenses.
- 49% have trouble paying bills, especially Gen Z at 69%.
- 34% have at least $10,000 in consumer debt.
- Only 10% invest 15% or more of their income.
For the full report, visit ramseysolutions.com.
About the Study
This quarterly study by Ramsey Solutions surveyed 1,006 adults from September 12-16, 2024, to understand American financial opinions.
About Ramsey Solutions
Founded by Dave Ramsey in 1992, Ramsey Solutions offers financial guidance through various platforms and tools, helping people manage their money effectively.
CONTACT: Curt Harding, Ramsey Solutions, 615-614-4432
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