Reported about 6 hours ago
A recent Santander survey reveals that 81% of middle-income Americans view inflation as their primary financial concern, the highest since Q3 2023. CEO Tim Wennes notes that many are adjusting their spending, with 90% making recent financial changes to cope with rising prices. Among those polled, half earn less than 3% on their savings, and some have resorted to borrowing or dipping into their savings to manage expenses, while 53% have postponed buying a new car due to cost increases.
Source: YAHOO