Amid high levels of financial stress, a quarter of Americans believe a financial plan would alleviate their anxiety, a survey says.
Nearly nine in 10 of Americans (86%) say they feel stress when it comes to their finances, with women (89%) and younger respondents between the ages of 18 and 44 (91%) the most anxious about their finances. This is according to a survey conducted by ORC International on behalf of the Certified Financial Planner Board of Standards (CFP Board).
However, 27% said that if they created a financial plan, they believe it would reduce their stress. Other ways to reduce their financial stress cited by respondents are: becoming more financially literate (22%), becoming more aware of their own finances (14%) and spending more time analyzing their finances (12%). Read more here.