10 Alarming Facts that Prove Financial Stress is Soaring: And 3 Ways to Fight Back Today

78% of American workers live paycheck to paycheck according to a 2017 report by employment website CareerBuilder.
$6,741 is the average revolving credit card balance for U.S. households, according to a NerdWallet 2019 Survey.
42% of workers with adult children over 21 provide them with financial support and more than half are willing to sacrifice their own financial well-being to do so, according to a 2018 (PwC) PricewaterhouseCoopers survey.

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46% of individuals lack a rainy day fund to cover expenses for three months according to a FINRA National Financial Capability Study.
Just 24% of Millennials demonstrate basic financial literacy, according to a study from the National Endowment for Financial Education.
$135,065 was the average U.S. household’s outstanding debt, including mortgages and credit card balances, according to a NerdWallet study.
More than 1 in 10 parents are also caring for an aging adult parent according to a Pew Research 2018 study.
Two-thirds of Americans would struggle to scrounge up $1,000 in an emergency, according to an Associated Press-NORC Center for Public Affairs Research poll.

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85% of Americans report they are anxious about their financial situation and that it interferes with work, according to a Financial Health Network paper in 2017.
There is a direct correlation between financial stress and accidents among drivers in the trucking industry, according to a four-year research study conducted by Dr. Carrie Leana at The University of Pittsburgh.

3 Ways to Fight Back Today

Create a personal budget to understand where you spend money.
On a monthly basis, seek to spend less than you make and set aside the difference for paying down debt.
For employers, learn more about adopting a financial wellness program that will enable and empower employees to improve their financial health.