Money-related stress is top of mind for most Americans, according to a new AICPA survey that shows more than 70% feeling either cautious or uncertain about their financial situation.
Some respondents are taking steps to shore up finances with less spending or more saving, and the AICPA is offering advice for managing financial stress as part of National Financial Literacy Month.
The survey of 2,081 adults, conducted early this month by The Harris Poll on behalf of the AICPA, found that 37% of adults have felt cautious and 36% uncertain about their economic situation over the past 12 months.
When asked about new financial behaviors they adopted in the past 12 months, 28% of Americans reported that they charged less on their credit cards.
Over a quarter (27%) of respondents started saving or increased their savings rate in the past 12 months, with those ages 18 to 44 significantly more likely to have done so than those ages 45+ (37% versus 19%). See more findings.