A study from a Bank? It was also talking about long term goals. Doesn't take away the pain people are feeling from record inflation.FoxBusiness:
Most Americans optimistic about their finances in 2022 despite inflation, survey says
Most Americans optimistic about their finances in 2022 despite inflation, survey says
A new survey from Ally Bank found that consumers are optimistic about meeting their long-term financial goals despite the effects of inflation.www.foxbusiness.com
"However, a new survey from Ally Bank shows that most Americans are optimistic about their finances in 2022, despite rising prices. More than half (53%) of respondents said they're confident about their personal financial standing, and 59% believe they will be better off financially a year from now. Nearly two-thirds (65%) said they will likely achieve their financial goals for 2022, even with record-high inflation."A study from a Bank? It was also talking about long term goals. Doesn't take away the pain people are feeling from record inflation.
I like to see that study in Romania. Lots of cursing will be done. I just put gas in my car at $8 a gallon.
That’s the funny but not so funny thing about all of this…prices are going up but people are paying those prices. Like rent where I live is $6k+ for a nice two bedroom apartment and day care is $3k a month, but these places are filling up and people are sending their kids there."However, a new survey from Ally Bank shows that most Americans are optimistic about their finances in 2022, despite rising prices. More than half (53%) of respondents said they're confident about their personal financial standing, and 59% believe they will be better off financially a year from now. Nearly two-thirds (65%) said they will likely achieve their financial goals for 2022, even with record-high inflation."
I stop trusting banks and them to be truthful a long time ago. Here is a few other polls."However, a new survey from Ally Bank shows that most Americans are optimistic about their finances in 2022, despite rising prices. More than half (53%) of respondents said they're confident about their personal financial standing, and 59% believe they will be better off financially a year from now. Nearly two-thirds (65%) said they will likely achieve their financial goals for 2022, even with record-high inflation."
Well then for as pessimistic as people are about their finances, they sure are spending a ton.I stop trusting banks and them to be truthful a long time ago. Here is a few other polls.
Majority of Americans say they are ‘getting worse’ financially: poll
A majority of U.S. voters say that their financial situation is worsening amid rising inflation and mounting fears of a looming economic recession, according to a new Harvard CAPS/Harris Poll surve…www.google.com
Most Americans are concerned about inflation.
By a wide margin, Americans view inflation as the top problem facing the country today
Seven-in-ten Americans view inflation as a very big problem for the country, followed by the affordability of health care and violent crime.www.pewresearch.org
The thing about it is depending on who does the poll, you will get a different perspective.
94 percent in new poll concerned, upset about inflation
A whopping 94 percent of Americans describe themselves as either concerned or upset about inflation, according to a new Washington Post-ABC News poll. According to the poll conducted from April 24 …www.google.com
There is nothing great about record inflation. I knew this was coming though when they forced businesses to close and people to stop working. Just like anything else, we will get through it.
Yeah it's crazy. My townhouse bought in 2006 for $200K (which all the neighbours went crazy over, that we paid this much) is now selling for $900K. It would be cool to claim how of a good investment it was, but it's not really an investment since you always need a place to live, and everything else is sky high. So its not something you can really cash out on. Feel sorry for people who are trying to get into the housing market now, as I'm seeing 450sq ft bachleor pad condos listing for close to a million. Madness.It's depressing. Bad part of the timeline for sure. I live in Canada and when I was 16 (2002) I worked at a gas station. Gas was ~ 42 cents/litre. It's 2.10/litre now for regular. My GTI takes 91 octane, so I pay even more.
The GTA housing market is beyond absurd, @airman and @3BILLS are both Canadian as well and will confirm.
Food is ridiculous too. I'm taking a stand where I can and have upped my cooking game. I love burgers, but absolutely hate to pay $20+ for one, so I'll be making 99% of them at home now. What I hate most is shrinkflation; portion goes down and the price goes up. It's pathetic and sad to see how small things are getting. It's wild watching an old TV show from the '80s or '90s and seeing something like a Snickers bar look enormous and today can be eaten in two bites.
My biggest concern is that eventually people will just not be able to afford things, period, unless something changes. I don't know enough about economics to speculate what that would be, but if it doesn't, potential crime and riots could occur out of desperation.
Orwell 1984 - this is our reality.It's depressing. Bad part of the timeline for sure. I live in Canada and when I was 16 (2002) I worked at a gas station. Gas was ~ 42 cents/litre. It's 2.10/litre now for regular. My GTI takes 91 octane, so I pay even more.
The GTA housing market is beyond absurd, @airman and @3BILLS are both Canadian as well and will confirm.
Food is ridiculous too. I'm taking a stand where I can and have upped my cooking game. I love burgers, but absolutely hate to pay $20+ for one, so I'll be making 99% of them at home now. What I hate most is shrinkflation; portion goes down and the price goes up. It's pathetic and sad to see how small things are getting. It's wild watching an old TV show from the '80s or '90s and seeing something like a Snickers bar look enormous and today can be eaten in two bites.
My biggest concern is that eventually people will just not be able to afford things, period, unless something changes. I don't know enough about economics to speculate what that would be, but if it doesn't, potential crime and riots could occur out of desperation.