A new BofA study revealed that American employees continue to feel stressed about their finances and remain concerned about the increasing cost of living, with an estimated 67% of American employees reporting that the cost of living is outpacing growth in their salary or wages.
Read More »Communities of Color Experiencing Renter Financial Stress
According to a new study from the Joint Center for Housing Studies, many renters living in high-poverty, lower-income, and lower-rent neighborhoods are more likely to experience financial distress, as data revealed some 61% of households behind on their rent live in communities of color.
Read More »Financial Woes Causing Marital Rifts
A recent report cited that married couples consider finances to be the most stressful facet of their relationship, with income being one of the topics of discussion.
Read More »Report Finds Mortgage Concerns Are One of the Top Financial Reasons Americans Lose Sleep
More Americans are sleeping better at night knowing that the economy is recovering. Those Americans that are losing sleep over financial stress is declining in the U.S., according to a new CreditCards.com poll. The national poll, commissioned by CreditCards.com, also found that 62 percent of adult Americans are losing sleep over at least one financial problem. This is 7 percentage points lower than the amount in June 2009, the last time this poll was conducted, but higher than 56 percent in 2007.
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