Monday, November 30, 2015
With the exception of those earning $75,000 or more per year, catching up—or staying current—on bills remains the top financial priority for the majority of Americans, according to a recent Bankrate.com report. Paying down debt remains a distant second (though higher-income households cite it as their top priority), followed by saving.“As Americans await the appearance of sustained income growth, the top priority of staying current or getting caught up on bills is testament to the tightness of household budgets,” says Greg McBride, chief financial analyst at Bankrate.com.
These findings, however, underscore improved financial security overall, particularly when it comes to employment. Both men and women, and those under age 50, especially, report feeling more secure in their jobs than one year ago.
Source: Bankrate.com
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