Americans Divided Down the Middle on Future of Personal Finances

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By cardtrak.com

Surveys are beginning to show Americans are pretty unsure how their finances will hold up for the next four years given the general anxiety and angst among many consumers with the changes in the federal government.

A new poll by Experian found 51% of respondents believe their own personal finances will improve and 37% feel everyone’s general financial status will get better over the next four years. Among the 49% who do not feel this way, 21% feel their personal finances will get worse over the next four years.

Nevertheless, consumers in general plan to take action this year to boost income, cut expenses, and reduce credit card balances.

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