What does the term “financial wellness” mean to you? For some it means consistently making progress in your checking/savings accounts; for others it involves saving for big, and often unplanned, expenses or emergencies; and for many, it’s about paying off debt.
At Prosper Marketplace, we believe that financial wellness starts with the feeling that you’re in control of your finances. In an effort to better understand the current state of financial wellness and Americans’ sentiments toward their financial standing, we surveyed 1,000 adults about their money habits and resolutions.
Overall, the study showed that amidst ongoing economic volatility, Americans are struggling to make ends meet, and few (only 29 percent) feel strongly that they are in control of their finances. Many do not have the financial freedom to enjoy life but improving financial wellness is a top priority for 2016 and beyond.
Here are some of the most interesting findings:
Additionally, the survey asked people about the impact of technology on one’s financial wellness. Here’s some of the findings:
What do you think? Do you feel like you have control of your finances? Do you have plans in place to get on top of your finances? What tops your list of financial goals this year? Tell us in the comments! You can also share your thoughts with us via Twitter or Facebook.