Survey Finds 51% of U.S. Adults Feel Financially Conflicted as Savings Rate Falls to 2.6%
Updated
Updated · Mint · Jun 2
Survey Finds 51% of U.S. Adults Feel Financially Conflicted as Savings Rate Falls to 2.6%
3 articles · Updated · Mint · Jun 2
A new Edward Jones-Gallup survey of about 5,000 people found 51% of U.S. adults feel financially “conflicted” — neither in crisis nor secure — while only 16% feel financially fulfilled and 32% feel stressed.
Rising gas and food costs, heavier credit-card debt and layoff fears are driving that unease even as the economy keeps growing and adding jobs.
Higher income has not insulated households: roughly 7 in 10 earning $135,000 or more said they do not feel financially fulfilled.
The strain is showing up in household finances, with the U.S. personal savings rate dropping to 2.6% in April, the lowest since June 2022.
For middle-class families, the pressure is translating into behavior changes such as taking second jobs, cutting restaurant visits and shopping more aggressively for grocery deals.