A large number of Americans do not feel optimistic about their finances improving next year amid the continued cost of living crisis and higher interest rates, a new survey has found.
The consumer financial services company Bankrate.com commissioned YouGov Plc. to conduct the survey among 3,656 adults in the United States between Nov. 15-18.
Respondents were asked: “Compared to 2022, do you think your personal financial situation in the year 2023 will get better or worse, or stay the same?”
Roughly 2 out of 3 (or 66 percent) of Americans who responded said they do not expect their personal finances to improve in 2023, including 36 percent who said they expect their financial situation to remain about the same. A total of 29 percent said they expect their finances will get worse next year….