Americans Are Budgeting More Than Ever
Debt.com polled more than 1,000 Americans on their budgeting and spending habits. The majority say they budget their finances and it’s helped them get out and stay out of debt.
Follow financial trends and get insight on what consumers really think about debt, credit and personal finance with original surveys and data studies from Debt.com.
Debt.com polled more than 1,000 Americans on their budgeting and spending habits. The majority say they budget their finances and it’s helped them get out and stay out of debt.
For many survey respondents, their debts reached more than $5,000 – and their credit scores dropped by more than 50 points.
Members of Gen Z drained their savings, while the Silent Generation racked up credit card debt.
To promote National Identity Theft Prevention and Awareness Month, Debt.com asked Americans if they’ve ever fallen victim to the crime.
As the pandemic winds down, new research shows credit card debt didn’t reach record highs in the U.S. as finance experts originally predicted. But it turns out the most likely to survive COVID-19 were least immune to credit card debt.
For the first time in a decade Americans will spend less on the holidays this year.
Debt.com survey shows how little it takes to end up in collections.
Parents care more about sending their kids back to the classroom with expensive threads than devices, a new Debt.com survey finds.
A new survey shows the pandemic has raised security concerns – and not just from health scares.
Every year, more than $2 billion worth of free money for college goes unused. But why?
At Debt.com, we strive to understand what consumers think about debt and how they really feel about their finances and credit. That’s why we’re constantly polling and surveying consumers on a wide-range of financial research topics. This allows us to follow key trends in consumer finance and helps drive our development of new resources and tools that support consumers in their efforts to achieve long-term financial stability.
Most of the financial research studies you see listed above are conducted by Debt.com’s research team through Survey Monkey. We acquire survey participants by reaching out to our email subscribers and social media audience. So, by and large, most of the respondents who take our surveys are consumers who are actively seeking debt, credit and budgeting solutions, or who have looked for these types of solutions in the past. All surveys we conduct require a minimum sample size of 1,000 respondents.
You can find the specific survey methodology for each survey at the bottom of each financial research study. We encourage you to use this information to gain a better understanding of consumer sentiments when it comes to personal finance. If you’re using this research for an article that will be published online, please link back to the original study when possible, so your readers have the opportunity to look at the full results themselves.
In addition, if you’d like to talk to a financial expert about any results you see here or request an in-depth interview, please reach out to our media contact Jillana Ourth at [email protected]. You can also ask follow-up questions using the form on the right side of this page.