1、2024 Consumer Financial Wellness ReportAmerican Families Approach 2024 with Cautious OptimismMethodologySurvey MethodOnline SurveyRegional Coverage NationalField TimingNovember 27 December 04,2023Screening CriteriaSelf-identifying as Asian,African American,Hispanic or N.H.White 18+years TOTAL SAMPLE

2、:1,500500Hispanics250African American250Asians500N.H.WhitesKey FindingsKey Findings Most American adults feel confident about their ability to manage their finances.Respondents are nearly twice as likely to say that that their financial situation(both personal and family)will improve compared to 202

3、3.However,2 out of 3 Americans are concerned/worried about their financial future Inflation is the number one financial concern for most.Unexpected expenses,cost of housing and rising interest rates are top concerns as well.Among those who carry debt,most say its difficult for them to make payment e

4、ach month.Family and friends are the most sought out sources of financial advice and support.Most believe that financial education plays an important role in promoting well-being.Data InsightsData Insights11%13%9%13%15%F9%9%14%11%10%8%21%23%18%20%18%23%22%26%I22%16%23%26%26%27%26%23%34%D27%23%26%26%

5、31%20%21%19%20%22%20%19%17%19%24%19%22%17%27%A21%22%14%23%E20%22%24%19%TotalMaleFemaleHispanicsAfrican-AmericansAsiansN.H.WhitesGen Z18-25Millennials26-41Gen X42-57Boomers58-64Much moreworried/anxiousSomwehat moreworried/anxiousThe sameSomewhat lessworried/anxiousMuch lessworried/anxiousLetter indic

6、ate significant difference at 95%confidence level.Women,N.H.Whites and Gen X respondents are the most likely to say they are“much more worried/anxious”.Asians are the most likely to feel that their finances will remain the same.African Americans are less likely to say theyre worried/anxious about fi