What is Financial Health?

What is Financial Health?

Survey from JPMorgan Chase and Morning Consult reveals what financial health means to Americans

WHAT FINANCIAL HEALTH MEANS TO AMERICANS

44% of Americans define financial health as a “peace of mind” when it comes to earning, spending, and saving.

AMERICANS WANT FINANCIAL PEACE OF MIND

Nearly half (48%) of Americans are interested in money management like reducing debt and improving credit, and services but unlikely to seek out advice.

52% of Americans do not have enough money saved or on hand for a $500 emergency.

More than 1 in 5 Americans are not saving on a monthly basis.

Methodology: JPMorgan Chase partnered with Morning Consult to conduct an online survey of 2,200 American Adults nationwide from April 17 - April 21, 2019. The interviews were conducted online, and the data was weighted to approximate a target sample of adults based on age, race/ethnicity, and gender. Results from the full survey have a margin of error of +/- 2 percentage points.

Sources: © 2019 JPMorgan Chase & Co.