2019 Halloween Spending & Financial Fears Survey
4:31 AMPosted by: John S Kiernan
WalletHub conducted a nationally representative survey of over 800 Americans to see how much people are planning to spend on Halloween festivities as well as what aspects of personal finance frighten folks the most. You can find the results in the following infographic.
Embed on your website<a href="https://ift.tt/341e5m2"> <img src="//d2e70e9yced57e.cloudfront.net/wallethub/posts/67753/2019-halloween-spending-financial-fears-survey-v4.png" width="" height="" alt="" /> </a> <div style="width:px;font-size:12px;color:#888;">Source: <a href="https://ift.tt/2N9MVCP>
For advice and insight, we asked a panel of experts to share their thoughts on the following key questions:
< >
John D. Rossi, III MBA, CPA, CMA, CFM, CFP®, Associate Professor of Accounting, Moravian College
Donald Butt Jr. Assistant Professor, Mount St. Mary's University – Maryland
Staci Kolb CPA – Instructor, Michael E. Stephens College of Business, University of Montevallo
John McGowan Ph.D. – Professor of Accounting, Saint Louis University
John D. Rossi, III MBA, CPA, CMA, CFM, CFP®, Associate Professor of Accounting, Moravian College
Donald Butt Jr. Assistant Professor, Mount St. Mary's University – Maryland
Staci Kolb CPA – Instructor, Michael E. Stephens College of Business, University of Montevallo
John McGowan Ph.D. – Professor of Accounting, Saint Louis University| Do you have nightmares about money problems? | |
|---|---|
| No | 63% |
| Yes | 37% |
| Do politicians prey on people’s financial fears? | |
| Yes | 89% |
| No | 11% |
| How fearful are you of a recession? | |
| Somewhat fearful | 54% |
| Not fearful | 30% |
| Very fearful | 17% |
| What type of expense are you most fearful of? | |
| Medical bills | 44% |
| Mortgage / Rent | 29% |
| Credit card | 20% |
| Car loan | 7% |
| Whose financial future are you most fearful about? | |
| Your own | 59% |
| Your kids | 32% |
| Your grandkids | 9% |
| Are you planning on spending more or less on Halloween this year compared to last year? | |
| Less | 85% |
| More | 15% |
| Which are you more afraid of? | |
| Racking up credit card debt | 54% |
| Snakes | 46% |
| What is the scariest thing about credit cards? | |
| Interest rates & fees | 36% |
| Fraud | 24% |
| Overspending | 24% |
| Hidden terms | 9% |
| Losing them | 7% |
| What will you spend the most on this Halloween? | |
| Candy | 50% |
| Food and alcohol | 22% |
| Costumes | 15% |
| Decorations | 9% |
| Party tickets | 4% |
| What’s the scariest thing about Halloween? | |
| Strangers Ringing Doorbell | 38% |
| Spending Money | 31% |
| Movies | 25% |
| Costumes | 6% |
| What is your biggest financial fear? | |
| Unplanned emergency | 25% |
| Not enough retirement savings | 24% |
| Job loss | 18% |
| Fraud | 15% |
| Loss of health insurance | 10% |
| Poor credit | 8% |
| What scares you or stresses you out most? | |
| Money | 30% |
| Politics | 24% |
| Health | 18% |
| Terrorism | 12% |
| Economy | 8% |
| Work | 8% |
| Would you say your finances are a horror show? | |
| No | 69% |
| Yes | 31% |
| Do you think the economy will get scarier in the next 12 months? | |
| Yes | 67% |
| No | 33% |
| Are credit cards a trick or a treat? | |
| Trick | 58% |
| Treat | 42% |
Note: Percentages may not total 100% due to rounding.
from Wallet HubWallet Hub
via Finance Xpress
0 comments