SAN DIEGO — According to a new national survey from Discover Personal Loans, 80% of American consumers are anxious about their financial situation. High inflation, everyday expenses, the economy, income and debt are among the top stressors fueling their anxiety.
Financial stress is so severe that many Americans – especially younger consumers – appear to be fearful of looking deeper into their financial situations. This is especially true among Gen Z with 41% saying that they avoid looking at their bank accounts, while 27% of Millennials and 20% of Gen X say the same.
Many Americans don’t feel financially equipped to handle a multitude of life events from job loss to unexpected emergencies, caregiver expenses or an economic downturn. Dan Nickele, Vice President of Discover Personal Loans, joins our Laura Cavanaugh to share insights, tips and tools to help prepare for the unexpected.
Learn how to get the money you need to make things happen. Find out more at www.discovercom/personal-loans
Sponsored by: Discover