Financial hardship fueling masculinity ‘crisis’ for US men

Personal FinanceHealth & Fitness
28 May 2026 • 11:07 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Financial hardship fueling masculinity ‘crisis’ for US men

  • A survey of 2,000 adults by Beyond Finance found that roughly 57 per cent of men say financial difficulties make them feel like they’re less of a man.
  • In a statement, Beyond Finance Client Financial Therapist Nathan Astle said: “Financial stress isn't just a money problem for men ... it's an identity crisis.”
  • Societal pressure often leads men to suffer in silence regarding financial struggles, with 43 per cent of men feeling frustrated about their debt, according to the survey.
  • Men's participation in the workforce has declined from 87 per cent in 1948 to 68 per cent in 2025, according to the American Institute for Boys and Men.
  • A University of Connecticut study found that men's psychological well-being and health worsen when they assume greater financial responsibility, while women see improved mental health when taking on a bigger breadwinner role.

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