Wealthy Americans Are Also Struggling to Make Ends Meet from federal government website Watch Video

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✓ Published: 28-Jun-2024

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Wealthy Americans Are Also , Struggling to Make Ends Meet.<br/>According to a Federal Reserve <br/>Bank of Philadelphia survey, .<br/>one in three Americans who make at least six figures a year are stressed about paying bills, CNN reports. .<br/>30.8% of people making between $100,000 and $149,000 annually are worried about <br/>their expenses over the next six months.<br/>That's a 21.3% increase from the year earlier.<br/>32.5% of people who make $150,000 or more are worried about paying their bills.<br/>That's a 21.7% increase from last year. .<br/>Meanwhile, only 23% of those who make $70,000 to $99,999 are concerned.<br/>Overall, there was a 28.7% increase in worry <br/>about making ends meet among all consumers. .<br/>In order to mitigate financial worry, 43.1% <br/>of consumers said they are reducing their spending on entertainment and dining out.<br/>In order to mitigate financial worry, 43.1% <br/>of consumers said they are reducing their spending on entertainment and dining out.<br/>37% of people making over $150,000 a year say they are also cutting those costs. .<br/>23.5% of all consumers are even cutting spending <br/>on food and medical care, with 17.1% of wealthy people claiming to be doing the same.<br/>23.5% of all consumers are even cutting spending <br/>on food and medical care, with 17.1% of wealthy people claiming to be doing the same