Large Number of Americans Reported Financial Anxiety and Stress Even Before the Pandemic

FINRA

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New study finds lack of financial literacy linked to high levels of stress and anxiety

WASHINGTON (April 28, 2021)—A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today. Researchers found that financial stress and anxiety are highly linked to low levels of financial literacy, problematic financial behaviors and decreased financial security.

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