07.15.22
Americans’ Finances Still Uneven, but Many Fare Better, FINRA Finds
While U.S. adults generally did better financially in 2021 than in the decade leading up to the pandemic, their financial well-being remains uneven across different demographic groups, a study by the Financial Industry Regulatory Authority's Investor Education Foundation has found. The study found that 53 percent of respondents reported having three months of emergency savings in 2021, compared to 49 percent in 2018 and 35 percent in 2009. In addition, 54 percent of respondents said they didn’t find it difficult to cover their expenses and pay bills, compared to 50 percent in 2018 and 36 percent in 2009.
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