Three-quarters of Americans consider themselves to be financially stable, but more than 48 percent lack the savings they say they would need to achieve actual stability, according to a new survey.
The survey, by banking giant Citi, found that 51 percent of the respondents plan to use their tax refunds this year to save, invest or pay down debt. However, 25 percent said they do not plan to save any money this year, even though a majority of them acknowledged that saving is important.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access