More than three-quarters (77%) of respondents said they wish they would have done things differently in the past that could have made their financial future better.
A majority of Americans are facing difficulties financially as prices continue to remain high.
The survey of 2,000 consumers conducted by Talker Research on behalf of Zoe Financial showed that more than half (53%) of respondents feel “frozen” financially, or “stuck, overwhelmed or unsure” about what to do when it comes to their finances. Respondents said their biggest financial concerns are paying for necessities (36%) and sticking to a monthly budget (36%).
Almost a quarter (22%) of those surveyed are worried about their savings strategy, while others said they’re feeling stressed about retirement (21%), loans and debt payment (20%), and investing (9%). Respondents reported feeling most helpless when navigating inflation and the cost of living (25%), investing (24%), and budgeting and saving strategies (23%).
[READ MORE: Consumer sentiment plunges to 29-month low]
More than three-quarters (77%) of respondents said they wish they would have done things differently in the past that could have made their financial future better. Areas of regret for consumers include savings strategies (55%), sticking to a stricter monthly budget (41%), and investing (38%).
https://chainstoreage.com/survey-53-consumers-feel-financially-frozen