Americans Under 40 Figure Out Their Financial Future
saving-money | Read Time: 2 minutes
By WSFS Contributor | Published: February 2021
According to a WSFS Bank Study of Millennials and Gen Z consumers, 65% of respondents describe their overall financial situation as either “good” or “excellent,” and nearly six in 10 (58%) are optimistic that they’ll achieve their financial goals one day.
While respondents remain optimistic when it comes to their finances, 43% said they frequently have trouble paying everyday living expenses, with 19% saying it happens to them “constantly.” Check out the infographic below to learn more about the study’s key findings.
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Months into the pandemic, we continue to see many aspects of our lives transform at an accelerated pace. Banking is no stranger to the digital frontier. By 2006, 80 percent of U.S. banks offered online banking, in turn enabling digital banking to evolve and secure itself as a simple, safe and convenient avenue for customers to complete their financial tasks and reach their monetary goals.Read More