Oh sorry, didn’t see you there! We were too busy daydreaming about where we’re going to plant our money tree. 🌳🙇 Is it mean that we don’t want the neighbors to see? They can keep whatever they wind blows in their yard, OK? 🍂
Does your budget (or lack of one) keep you up at night? Do you spend a big chunk of your day thinking about money matters? The same boat just pulled up and we’re all in it! ⛴️
Here’s Five Fast Facts on how much time Americans spend thinking about their finances:
- 🧠 Money Mind - How much time does the average American think about their finances? According to some fresh survey data, roughly four hours a day. Our minds are full of bills, banks, and bagging the latest bargain.
- 💭 Train of Thought - The data also shows people are thinking about money more now than in the past. The survey showed that 54% of respondents think about it more this year than last year. Generationally, 62% of Gen X said they’re feeling financial stress harder than ever, as did 41% of Boomers.
- 📲 Data On Demand - With our smartphones glued to our hands, checking in on your money situation is easier than ever. The survey showed that 17% of Americans check their bank accounts multiple times a day. Another 17% said they check in at least daily.
- 💰 Table Topics - What money issues take up the most brain space? Around 57% reported thinking about bills while 51% spend their time pondering inflation and rising prices. Housing costs were top of mind for 34%, debt 30%, tariffs 28%, and 24% said retirement savings.
- 🪄 Wish List - When asked what would send their money anxiety packing, 45% said cheaper living expenses. Another 29% said economic improvement, 28% said elimination of debt, 25% a bigger emergency fund, and 18% said a detailed financial plan.
🔥Bottom line: Finding yourself in a money thought spiral? Take a breather and touch a little grass…the lawn kind (or the Snoop kind, we won’t judge). Having trouble getting a new credit card…even though your credit score is peachy keen? Blame it on the banks. They’re getting choosy over who they want as customers and we break it all down in this article.
How much time do you spend thinking about money?
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