JACKSON, Tenn. — Monday is the start of Financial Practice Week, and a recent survey was conducted to learn about how people are feeling regarding their finances.
The survey showed that 13% of Americans do not feel good about their finances.
Half of Americans said they do not feel prepared for current economic uncertainty. Also, another half said they do not trust themselves with managing money.
The study shows that younger people are changing the way they view money opposed to the norms.
There is an abundance of information available out there, some of it may not work for you.
We spoke with an expert about what to remember.
“Nobody cares about your money as much as you do,” said Dr. Erika Rasure, Chief Financial Wellness Advisor, Beyond Finance. “So it is important to cultivate that trust to build that long lasting financial wellness foundation. It is so key. Because we are bombarded with all of this advice, and all of these financial gurus from influencers to podcasters.”
She also tells us that it is very important to learn how to get over the initial fear.
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