Survey: For 1 in 5 Americans, Monthly Spending Exceeds Income
June 1, 2012 by Warren Hersch
May 25, 2012 •
One in every five Americans is not making ends meet, according to a new study.
Country Financial, Bloomington, Ill., published this finding in a summary of results from a national telephone survey of 3,000 Americans. The results were compiled by the research firm Rasmussen Reports, LLC, Asbury Park, N.J.
The survey reveals that while fewer than 1 in 10 Americans (9%) say their lifestyle is more than they can afford, more than one in five (21%) say their monthly spending exceeds their income at least half of the year. Click here to read more…