Money · Facts & sources
4 sourced facts about personal finance in America -- financial well-being, savings and debt, each with the context behind the number. 4 more are in today's round and appear here after it closes.
Answer63%
That was down from a high of 68% in 2021, meaning more than a third of adults couldn't easily cover it.
Source: Federal Reserve, Report on the Economic Well-Being of U.S. Households (2023) federalreserve.gov
Answer$1,100
That was up 10% from the year before, as challenges paying rent increased.
Source: Federal Reserve, Report on the Economic Well-Being of U.S. Households (2023) federalreserve.gov
Answer45%
That means a majority of adults said they were not comfortable, or only slightly comfortable, managing their own investments.
Source: Federal Reserve, Report on the Economic Well-Being of U.S. Households (2023) federalreserve.gov
Answer34%
That was up slightly from 31% in 2022, but still below the 40% who felt on track in 2021.
Source: Federal Reserve, Report on the Economic Well-Being of U.S. Households (2023) federalreserve.gov