Posted 12/9/2023, 2:00:00 PM
Inflation Drains Budgets But Most Still Hopeful for Financial Turnaround in 2024
- 35% of respondents in a Fidelity survey said they are in worse financial shape than last year due to inflation squeezing budgets
- Most respondents expect to have a better financial year in 2024 and have a plan to improve finances
- Top financial priorities are saving money (41%), paying down debt (38%), and spending less (30%)
- 70% say they have a path to reach 2024 financial goals
- More Americans prioritizing long-term savings goals (52%) than last year (48%)