Close
ThinkAdvisor

Financial Planning > Behavioral Finance

Country: Consumers Saving Less

X
Your article was successfully shared with the contacts you provided.

U.S. consumers report that they are feeling gloomier about the economy and having more trouble setting aside money for savings and investments.

Country Financial, Bloomington, Ill., has reported that finding in a summary of results from a telephone survey of 3,000 U.S. adults that was conducted earlier this month.

The percentage of survey participants who rated their overall financial security as excellent or good fell to 34%, down from 39% in August 2010.

The percentage who said they were able to save or invest fell to 42%, from 43%, and the percentage who said they were very confident ability to pay bills when bills come due fell to 43%, from 45%.

The percentage who said they believe their home, care and possessions are adequately insured fell to 46%, from 47%.

- Allison Bell

Other Country Financial survey coverage from National Underwriter Life & Health:

More on this topic