The survey, which was conducted in partnership with Drive Research, also revealed the following:

Job Security Worries: Amid ongoing concerns about the state of the economy, 14% of respondents say job loss or a career change is among their most significant source of financial stress. With hiring slowing, interest rates remaining high and other headwinds facing businesses, working professionals may realize they need to stick with their current job for the near-term and wait out any possible recession or they may need to consider other work if they're facing a possible layoff.
Lower Temps, Higher Costs: As the cold temperatures settle in for the coming months in the northeast, half of respondents worry about home heating costs. Parents with children were significantly more concerned about this expense (55%) compared to households without children (46%).
Inflationary Pressures: Inflation and groceries remain a consistent source of stress across all generations. 35% of respondents are concerned about having enough money for food in the next month, with the worry being most prominent among Gen Z (42%) and Millennials (44%).
Emergency Preparedness Fears: Unexpected expenses were significantly more concerning for Baby Boomers (45%) and the Silent Generation (49%). Being able to save was a more significant source of stress for Gen Z (42%) versus older generations.

Instant Insights /

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