Only one in 10 Americans currently feels “very good” about their financial situation, according to new research.
The survey of the 2,000 general American population asked the answers how they are feeling about their finances now – 13% feel “very good” and 28% feel “somewhat good”.
But the answers are trying to be smart for their money: 84% said that setting them up for future financial success is more important than ever in times of economic insecurity.
Half of the Americans surveyed (51%) said that current economic uncertainty has led them to take steps to improve their financial knowledge.
And 59% have plans to increase their financial understanding. When it comes to these answers, they plan to track their expenses (69%), read financial news regularly (28%) and use a budget app (28%).
They are also planning to listen to financial podcasts (23%) and be more open with their families about their finances to help cause the discussion (22%).
The survey was introduced into the financial management of the respondents, revealing that 74% currently manage most of their finances, but only half have a “lot” confidence in the topics.
Commissioned by beyond finances before the Financial Practice Week and conducted by Talker Research, this research shows that the lack of financial education in new responses is likely to have affected their current levels of trust when it comes to managing their money.
The survey revealed that one fifth of Americans did not receive financial education from their parents.
This lack of education was even more star when it was explored by the generation: 35% of surveyed children boomers said they did not receive financial education from their parents.
The results showed a positive trend, though, only one fifth of General respondents said the same.
The answer is getting their financial education in their hands, with 76% saying they would like to empower them to better manage their finances.
This may also be two for how, over the past 12 months, 18% of the response have felt more disappointed with financial institutions such as banks.
“There is a growing movement about financial self-stake,” said Lou Antonelli, the boss of operation beyond finance. “We’re seeing people move from avoiding action. It’s not just about arranging your finances – it’s about feeling capable and controlling.”
These actions hope they will help while Americans work towards their financial goals. Answers said they are focused on saving money (53%) and lowering or eliminating debt (32%).
They also hope not to worry about the bills (27%) in 2025, set a “rainy day” fund (27%) and improve their credit score (26%).
“When it comes to financial well -being, trust in yourself is the foundation,” said Dr. Erika Rasure, leading wellness financial advisor in beyond finances. “We often think about managing money as just numbers and strategies, but in reality, it’s deeply emotional.
“Building self-esteem allows people to move from feeling or avoiding secure confidence, strengthen decision making. Investing in yourself means more than saving or budgeting-means only emotional resistance and knowledge
Interviews are excluded from final analysis if they failed for quality control measures.
Survey Methodology:
Talker’s research surveyed 2,000 Americans, evenly separated from generation; The survey was ordered by current and administered and carried out online by Talker Research between March 28 and April 2, 2025.
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