We all think about money, and for one in four Americans that "thinking" about money actually means worrying about money. But what exactly are people worrying about? What aspects of their finances keep them awake at night?
The website GoBankingRates looked into these very questions and came up with some pretty interesting answers. The survey was taken by 2,500 people, and there was a consensus around what the biggest financial concern really was: "Never being able to retire." At least according to 22% of Americans.
Other top contenders for financial stressors were as follows.
- 20% said they were afraid of living paycheck to paycheck.
- 18% expressed being afraid of living in debt forever.
- 16% said they were afraid of losing their jobs.
- 11% are scared of losing their money in the stock market.
- 8% said they're afraid of never being able to buy a home.
- 4% said they're afraid of always have a low credit score.
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Women and men had slightly different answers — with women being more concerned about living paycheck to paycheck, and men being worried about never being able to retire. There were also slight differentiations according to age and where in the country respondents live, you can check out all of the results here.
At the end of the day, though, it's evident that Americans spend a lot of time worrying about money, and about how their finances will help their future, or potentially hurt it.