As reported on MarketWatch, Americans are more stressed than ever — and for most of them, their bank accounts are to blame. According to a new study from CreditCards.com, 65% of Americans are losing sleep over money issues — up from 56% in 2007.
The most common stressor is health care or insurance bills at 38%, followed by saving for retirement at 37%. In addition to health care and retirement, 34% worry the most over educational expenses, 26% about mortgage bills, and 22% due to credit-card debt.
Generation-Xers and their younger millennial cohort are the most likely to lose sleep over financial issues, a finding backed up by another study last year by personal-finance site ValuePenguin.
Leave a Comment