Money and Tears The New York Times
7 in 10 Americans have cried over money. Here's what to do if you're one of them Published Mon, Oct 21 20193:09 PM EDT Updated Mon, Oct 21 20193:09 PM EDT Lorie Konish Share Key Points A new.
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The top three reasons consumers cried about money over the past year are not being able to afford things their family wants or needs (46%), inflation (39%) and debt (34%). While the vast majority cried due to a negative emotion, more than a third (34%) say they cried because of something positive.
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The average interest rate has climbed from an average of 16.45% in 2021 to 22.77% in October 2023, according to the Federal Reserve. Of those with credit card debt, 43% say they carry a balance.
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The rich generally pay more of their incomes in taxes than the rest of us. The top fifth of households got 54% of all income and paid 69% of federal taxes; the top 1% got 16% of the income and paid 25% of all federal taxes, according to the CBO. Top 50% of earners pay 97% of all income tax. They pay their FAIR share.
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10. About 10% of people actually feel worse after crying. 11. Whether or not somebody benefits from crying depends a lot on the people surrounding them. If they provide support and comfort, the.
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Getty Images Over half of millennials say they've cried over their financial situations. Adults aged 26 to 41 were the most likely generation to be emotionally impacted by their finances, with 53%.
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The NDR team found three meaningful declines in money-market fund data in the past four decades, with the biggest drop of 35.4%, or $1.4 trillion, unfolding a dozen years ago in the post-global.
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Job or income loss (42%) was the No. 1 cause for crying during the pandemic. Other top reasons were centered around the affordability of needs and wants (33%) and facing debt (31%). Some consumers have had a "happy cry" during the pandemic, thanks to stimulus checks (26%) or paused student loan payments (9%), among other reasons.
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8 Ways to Manage Money Stress. The only way to not stress about money is by facing your financial stress head on. Face your finances by sitting down with your bills and a calculator to see just.
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