01.27.22

Survey: Nearly Half of U.S. Adults Now Factor COVID Into Financial Strategy

by: Vance Cariaga

Forty-six percent of respondents in the latest New York Life Wealth Watch survey said the COVID-19 pandemic is now a factor when considering their financial strategies. A growing percentage have moved away from the traditional “holistic” financial approach — incorporating both long- and short-term goals — to one that focuses on near-term priorities like building an emergency fund (38%), paying off credit card debt (31%), funding a vacation (27%) or buying a car (25%).

Read the full article on MSN