Currently, only one in North ten -Americans feel “very good” because of their financial situation, according to new research.
The survey at 2,000 North -North general -Americans asked respondents how they feel about their finances right now: 13% feel “very good” and 28% feel “a little good”.
But respondents are trying to be smart about their money: 84% said that establishing -for financial success in the future is more important than ever in times of economic uncertainty.
Half of the North -Americans (51%) said that the current economic uncertainty has led to measures to improve their financial knowledge.
And 59% plan to increase their financial understanding. When it comes to these respondents, they plan to keep track of their spending (69%), read regular financial news (28%) and use a budget application (28%).
They also plan to listen to financial podcasts (23%) and be more open with their family over their finances to help cause discussions (22%).
The survey took advantage of the financial management of the respondents, revealing that currently 74% currently manages most of their own finances, but only half is very confident in themselves.
Composed by Beyond Finance before the week of financial practice and carried out by Talker Research, this research shows that the lack of financial education in the youngest years of respondents has probably affected its current levels of confidence in managing their money.
The survey revealed that one fifth of the North -Americans did not receive any financial education from their parents.
This lack of education was even clearer when it was explored by the generation: 35% of the Baby Boomers surveyed said they did not receive any financial education from their parents.
The results showed a positive tendency, but only one fifth of the Z -gene respondents said the same.
The respondents are taking their financial education in their own hands, with 76% who say they would like to train their finances better.
This may also be due to how, over the last 12 months, 18% of respondents have felt more disappointed with financial institutions such as banks.
“There is a growing movement around financial auto -appodding,” said Lou Antonelli, Operational Director of Beyond Finance. “We are seeing that people go from avoidance to action. It is not just about fixing your finances, but of being able to be able and control.”
With hope, these actions will help as the North -Americans work towards their financial goals. Respondents said they are focused on saving money (53%) and decreasing or eliminating debt (32%).
They also expect not to worry about bills (27%) by 2025, establish a “rain day” fund (27%) and improve their credit score (26%).
“When it comes to financial well -being, confidence in yourself is the basis,” said Dr. Erika Rasure, Beyond Finance Financial Welfare Minister. “We often think of money management as purely numbers and strategies, but it is actually deeply emotional.
“Creation of self -confidence allows people to move from fear or avoidance to confident and empowered decision -making. Investing in yourself means more than saving or budgeting; it means fostering emotional resilience and knowledge that leads to long -term holistic financial health.”
The interviews are excluded from the final analysis if the quality verification measures failed.
Survey Methodology:
Talker Research surveyed 2,000 north -American general populations; The survey was commissioned by Beyond Finance and was administered and made online by Talker Research between April 4 and 7, 2025.
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