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Young Americans are feeling more “financially confident” than before the pandemic.

Sep 23 2021

Young Americans are feeling more “financially confident” than before the pandemic. YPulse’s recent personal finances and services research found that young consumers’ feelings about money are improving, and 81% of 13-39-year-olds are interested in learning how to improve their financial situation. According to a survey of 2,000 American ages 18-39-years-old conducted by OnePoll, six in 10 respondents agree they’re more “financially confident” than they were prior to COVID-19. Sixty-nine percent of respondents say they’re spending money on things they’ve missed because of the pandemic, and 75% are spending on activities that allow them to catch up with friends/family. Saving for the future is also top of mind for respondents, with 58% saying they have created new savings goals, 38% are using their savings to pay off their student loans, 37% are spending it on a vacation, and 32% are funding credit card payments via savings. (Good News Network)