CapitalCounselor
  • Home
  • Reviews
  • Blog
  • News
  • About Us
  • Our Team
  • Contact Us
CapitalCounselor
  • Home
  • Reviews
  • Blog
  • News
  • About Us
  • Our Team
  • Contact Us
Finance News - Over Half of Americans Sheepish When It Comes to Finances

Over Half of Americans Sheepish When It Comes to Finances

  • Marina Avramovic
  • April 6, 2022

A recent survey of 2,000 adults looked at how people feel about money and found that as much as 56% of Americans are embarrassed to talk about their finances.

To be more precise, 51% claimed that the most controversial topics were related to their parent’s financial situation, followed by debts (45%), and wills (43%).

Furthermore, 63% of Americans claim that they would never talk about their financial situation with their family. And while money isn’t everything to some people, others would do anything else rather than think about their financial situation.

For example, 30% say they would sooner be watching a horror movie, 27% would rather speak in public (in front of a large audience), and 28% would choose to be stuck in a traffic jam over thinking about money.

In addition, 83% of respondents feel guilty after they “treat” themselves with a shopping spree or after going on a vacation if they have an unstable financial situation.

Surprisingly, 24% of responders are not embarrassed to talk about their financial issues with strangers. Conversely, merely half are ready to talk about their finances with their spouses.

What’s more, 58% of Americans feel no shame in talking about their financial situation with their coworkers, whereas 45% believe it’s alright to discuss their finances after they move in with their partners, get engaged, or get married.

However, about 35% of Americans say that they would feel more comfortable discussing their financial issues if they had more money in their wallets.

Interestingly, 66% of responders claim they mostly learned finances by making mistakes.

0
0
0
Share
Tweet
Share
Share
Marina Avramovic

Marina is a content writer and a film-maker who spends most of her time in front of the computer, writing articles and blog posts on various subjects, learning fictional languages or editing avant-garde movies. This compulsive penchant for learning new ways of dreaming and writing became her dream job. When she's not obsessing about work she tries to cook, read dystopian novels and go on adventures with her dog.

Previous Article
Finance News - Almost ⅔ of Americans Follow at Least One Virtual Influencer

Almost ⅔ of Americans Follow at Least One Virtual Influencer

  • Marina Avramovic
  • April 6, 2022
Read More
Next Article
SIMPLE IRA vs 401k

Pros and Cons of SIMPLE IRA vs 401k for Businesses in 2022

  • Marina Avramovic
  • April 6, 2022
Read More
You May Also Like
Finance News - Home Values Skyrocket in 97% of US Cities
Read More

Home Values Skyrocket in 97% of US Cities

  • May 11, 2022
Finance News - US Gucci Stores to Start Accepting Crypto by the End of May
Read More

US Gucci Stores to Start Accepting Crypto by the End of May

  • May 11, 2022
Finance News - 32% of American Students Unable to Pay Off Their Debts
Read More

32% of American Students Unable to Pay Off Their Debts

  • May 5, 2022
Finance News - 66% of Americans Willing to Take On Debt for Love
Read More

66% of Americans Willing to Take On Debt for Love

  • May 5, 2022
Finance News - 62% Of People Quit Their Job Due to a Toxic Company Culture
Read More

Toxic Company Culture the Reason Behind 62% of Resignations

  • April 29, 2022
Finance News - Men Make 72% of Six-Figure Earners in the US, Study Finds
Read More

Men Make 72% of Six-Figure Earners in the US, Study Finds

  • April 29, 2022

Leave a Reply Cancel reply

You must be logged in to post a comment.

Recent Posts
  • 403b vs Roth IRA 1
    403b vs Roth IRA: Fierce Battle for Retirement Savings
    • May 15, 2022
  • What Not to Say at an Interview 2
    What Not to Say in an Interview: 5 Top Mistakes to Avoid
    • May 14, 2022
  • Why Did My Credit Score Drop. 3
    Why Did My Credit Score Drop: Eight Possible Explanations
    • May 12, 2022
  • How to Ask for a Raise 4
    How to Ask for a Raise Professionally (and Get It!)
    • May 10, 2022
  • 15 Tips on How to Make Money in One Hour Without Much Hassle
    • May 9, 2022
Follow Us
Facebook
Twitter
LinkedIn
CapitalCounselor
  • About
  • Our Team
  • Contact
  • Affiliate Disclosure
  • Privacy
  • Terms
©2022 CapitalCounselor.com – All Rights Reserved.

Input your search keywords and press Enter.