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Only 25% Of People Feel Financially Secure After COVID-19, 80% Ready To Spend!

Written by on February 1, 2021

According to a survey by LendingTree, only 1 in 4 people said they feel financially secure, while 3 in 5 said they need at least six months to over a year before they would feel comfortable with their personal finances again. More than 1 in 7 reported they’ll never feel secure in their financial position again, even after the vaccine brings down the pandemic.

The news is not all bad. With COVID-19 vaccinations continue across the nation, more than 8 in 10 Americans who plan to get vaccinated say they’re planning a celebratory splurge for 2021. 15% of people say that in the wake of the pandemic, they’ll never feel financially secure again. More than half (55%) reported they’ll continue to save as much as possible, while over a third (37%) will loosen their savings measures but still save money. Only 8% — or 1 in 12 — said they will stop saving post-vaccine. To Read More Click Here.

Source: Yahoo.com

Source: Lending Tree


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