And 61% cite their financial situation as a stress point in their lives.
With inflation still at levels not seen in years, many Americans are saying they’re feeling financially stressed. And some are even saying they’ve skipped meals to stay afloat.
A growing number of surveys are painting a picture of this era of financial challenge. One of the latest, from Clever Real Estate, showed that people’s personal-finance situation was the most-cited stressor in their lives, with 61% noting it as an issue. That put it above such stressors as mental health , physical health and relationships . Clever Real Estate surveyed 1,000 U.S. adults.
Matt Brannon, a data analyst and writer with Clever Real Estate, said the story goes beyond inflation. It’s also about the surging price of housing and how wages haven’t kept pace with it. Inflation, as quantified by the Consumer Price Index, currently stands at 6%, according to the U.S. Bureau of Labor Statistics. New monthly figures for March are expected to be released Wednesday.The bottom line isn’t a pretty picture, said Brannon: “Americans have their back up against the wall.”
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