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)
