๐Ÿ™‹ Polls

Do you feel better or worse off financially than you were a year ago?

Tuesday, Oct 4, 2022

Do you feel better or worse off financially than you were a year ago?

๐Ÿ‘ Better (21%) โ€“ "I have a higher paying job and have been putting my extra money toward paying off debt. Even my credit score has improved. My 401k is the only thing not performing well."

  • "I had been working in fast food for the majority of last year and had gotten myself in a hole financially. I am now working on a warehouse, making the most I've ever made and finally getting out of that hole."

๐Ÿ‘Ž Worse (68%) โ€“ "The economy is in recession (whether the admin wants to admit it or not), so we are in no growth situation and real wages are dropping since the rise is not keeping up with inflation for those working. Worst economic financial situation in my lifetime. We are in STAGFLATION with the worse yet to come."

  • "With all the prices going increasing, salary has not, therefore the same things we could afford last year no longer applies. I come from a single parent/single income household, and we have had to tighten up on things and get creative because we were beginning to struggle with a few things."
  • "I consider myself much worse off financially today than I did a year ago. My personal investment statements have shown tremendous decline over the last year. Iโ€™m paying much higher prices for everything specifically gas and food! Pay checks have not gone up at the same rate as consumer prices have. Something needs to give."
  • "The value of the dollar is in fast decline. Whether it is called inflation, shrinkflation, or rise in prices, it all comes down to the fact that the dollar buys less than it did a year ago, two years ago. The longer this continues, the greater the number of people that cannot afford transportation, a place to live, medicine and/or food."

๐Ÿคทโ€โ™€๏ธ Unsure/other (11%) โ€“ "I got a raise at work, but my retirement accounts are getting killed. I feel like my day to day is better, but there's a looming sense like a everything is a house of cards."

+Note on sample size: We received 10,614 responses.๐Ÿ‘๐Ÿฅณ Some may have been lightly edited for grammar or clarity.

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