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Personal Finance

“A quarter of Americans expect their financial situation to be worse in 2022. Here’s why”

“…Fully 26% believe their financial situation will get worse in 2022 and 42% believe it will stay about the same, a survey from Bankrate found. The financial website, through YouGov Plc, polled 2,450 adults Nov. 29-Dec. 1.

Respondents lay the blame mostly on inflation: 70% of those who expect a worsening of their finances cite inflation as the biggest barrier to better money circumstances, and 44% of those who believe their financial situation will stay the same agreed…”

https://www.cnbc.com/2021/12/21/a-quarter-of-americans-expect-their-financial-situation-to-be-worse-in-2022.html

Right now inflation isn’t the biggest problem. The attack on energy, oil and such, and the supply chain breakdowns are more of a problem currently. Fixing those two things will go a long ways to fixing everyone’s economic situation.

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