Middle-income households' with negative view of their personal finances surges to new high

Published On Oct 13, 2024, 8:57 AM

A recent Primerica survey found that 55% of middle-income households (earning between $30,000 and $130,000) now report a negative view of their personal finances, marking a significant increase and the highest level of negativity recorded since the survey began four years ago. Many respondents cited inflation as their primary worry, with rising prices for necessities like groceries and gas contributing to financial stress. Concerns about credit card debt are also rising, with 44% expressing they feel more anxious about their debt than the previous year. Overall, the survey highlights increasing financial instability among middle-income families in the U.S.