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.

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

You can follow Prof. Dr. Amarendra Bhushan Dhiraj on Twitter, Facebook, and LinkedIn.