Tuesday, August 31, 2010

MetLife Study on the American Dream

Source: MetLife

A few key findings in the study:

  • 40% have become more focused on establishing a financial plan as a result of the current economic situation
  • 55% could not take care of expenses for more than two months
  • 58% of Americans still believe that the bar is constantly rising in terms of the basic necessities in life
  • 64% of Americans have given or received help from family members
  • 93%  have, or plan to, save more and spend less
  • 45% of Americans say that concerns about how they are going to “make ends meet” is keeping them up at night
  • only 34% of Americans consider themselves to have an adequate safety net

Read study.

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