The number of Americans feeling financially fulfilled might be less than you think

• A survey by the accounting company Edward Jones and polling firm Gallup indicates that only 16 per cent of consumers feel financially fulfilled.
• The study also found that financial fulfilment rose as income increased, with only 3 per cent of those earning less than $35,000 feeling fulfilled, compared to 37 percent of those earning $175,000 or more.
• This financial disparity is linked to broader life impacts, as wealthier individuals tend to have better health and longer lifespans, while lower and middle-income groups tend to experience higher stress and anxiety about money.
• Many consumers, including high earners, are actively seeking ways to save money, flocking to affordable retailers such as Walmart and Dollar General.
• The Iran war, which commenced on 28 February, has caused petrol prices to surge and cost Americans $750 in additional costs to households due to price increases, according to Moody’s Analytics.

IN FULL

Only 16 percent of adults say they are financially fulfilled