US EditionFinancially stressed Americans doubt "More Affordable" future over next four years
- The 2025 Global Financial Wellbeing Report from nudge, released in London on May 26, 2025, finds many Americans doubt the future affordability promised by the new administration.
- This skepticism stems from rising inflation, debt, and living costs, with many Americans expecting financial struggles to worsen over the next four years.
- The report reveals a 59% decrease in confidence about financial prospects, with just 28% of people currently feeling positive about their money situation. Additionally, 63% expect inflation to negatively impact their finances, contributing to heightened stress and anxiety related to debt.
- Chronic financial stress impacts 42% of Americans' mental health, causing anxiety, sleep deprivation, and physical health issues, while 21% report relationship strain due to financial pressures.
- Jeff Miller of nudge urges prioritizing financial education, as 83% of Americans seek to improve literacy to navigate economic uncertainty and build resilience against future financial challenges.
42 Articles
42 Articles
journalgazette.net
Financially stressed Americans doubt "More Affordable" future over next four years
LONDON, May 26, 2025 /PRNewswire/ -- New data from nudge's 2025 Global Financial Wellbeing Report suggests that while the new administration aims to 'Make America More Affordable', many Americans remain doubtful. Instead of anticipating relief, they expect their financial struggles…
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