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1 in 4 Americans says cost of living is their biggest financial concern

first_img 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Keeping a roof over their heads, the lights and gas on, food in the fridge, a car in the driveway — covering everyday expenses is Americans’ biggest financial concern, according to the Financial Burdens Survey from GOBankingRates. One in four Americans says that the high cost of living is the most challenging personal finance issue. The survey also reveals how Americans rank other common budget concerns from most to least difficult to handle.GOBankingRates conducted its Financial Burdens Survey through Survata, asking respondents to rank personal financial concerns according to how challenging they find them to be. The survey included the following financial concerns as options displayed randomly, which respondents ranked from least to most challenging:High cost of livingHealthcare costsInsufficient incomeTaxes (income, property, and/or other taxes)Retirement savingsHigher education costsThe survey also included questions that captured respondents’ demographic information, including age, gender, political leanings, income and debt levels, and household size. continue reading »last_img

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