Tuesday, October 20, 2020

C-Suite Advisory

List Of Top 17 Financial Problems Facing American Families

health care

Nearly a quarter of Americans called “health care costs” and “lack of money or low wages rank” the “most important financial problems” facing their families, according to a recent Gallup poll.

These concerns were followed by issues like “too much debt or not enough money to pay debts,” “college expenses,” “retirement savings” and “cost of owning/renting a home.”

Notably, Healthcare this year has returned to the top of the list for the first time since early 2010.

What is your top economic concern? Express your views in the comments field below.

health care

Here’s a look at the most pressing financial problems American families facing:

1. Health care costs – 14% of U.S. adults

2. Lack of money/low wages – 14% of U.S. adults

3. Too much debt/Not enough money to pay debts – 9% of U.S. adults

4. College expenses – 8% of U.S. adults

5. Retirement savings – 6% of U.S. adults

6. Cost of owning/renting a home – 6% of U.S. adults

7. High cost of living/Inflation – 6% of U.S. adults

8. Unemployment/Loss of job – 5% of U.S. adults

9. Taxes – 4% of U.S. adults

10. Lack of saving – 3% of U.S. adults

11. Energy costs/Oil and gas prices – 2% of U.S. adults

12. Social Security – 2% of U.S. adults

13. Stock market/Investments – 1% of U.S. adults

14. Transportation/Commuting costs – 1% of U.S. adults

15. Interest rates – 1% of U.S. adults

16. State of the economy – 1% of U.S. adults

17. Controlling spending – 1% of U.S. adults

18. Other – 2% of U.S. adults

19. None – 17% of U.S. adults

20. No opinion – 8% of U.S. adults

The poll was conducted Jan. 5-8, 2015 with a sample of 804 voting age adults in all 50 U.S. states and Washington, DC.

5 excellent read:

1. Notoriously Expensive: List Of America’s Richest Cities To Live
2. Two New York City-Based Restaurants Land On Yelp Top 100 List Of America’s Most Popular Places To Eat For 2015
3. Can anybody Stop Real Madrid: The World’s Highest-Earning Football Clubs?
4. The 30 Richest Football Clubs In The World By Income 2015: Real Madrid Top The List
5. The top 25 most sustainable companies in the world 2015

Dr. Amarendra Bhushan Dhiraj
CEO and editorial director of the CEOWORLD magazine, an extensively kudized author, noted journalist, syndicated columnist, and ostensible entrepreneur. Follow him on Twitter, Facebook or connect on LinkedIn.