found that nearly half of Americans suffer negative impacts on their mental health from money-related issues.
Americans overall are paying about 18% more than they were just a few years ago, according to the government’sMatters of money negatively impacted mental health for 47% of Bankrate’s survey respondents. The top money concern was inflation, but majorities also blamed everyday expenses and a lack of emergency savings.And Gen Xers, those ages 44-59, were most likely to say money negatively affected their mental health.
Bankrate did find some improvement in this year’s survey, as last year they found that 52% reported negative mental health impacts from money-related issues.
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