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New Report Says 27 Percent of People are in Control of their Finances

New Report Says 27 Percent of People are in Control of their Finances

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FintechNews RoundupUSA
··1 min read

A new survey by N26 found that 27 percent of people around the world feel in control of their finances; 75 percent of Americans have negative feelings about their finances with 46 percent feeling worried and 39 percent nervous; Americans are saving more than their European counterparts with U.S. users saving $220 per month and EU users saving $192 per month; Nicolas Kopp, US CEO of N26, said to AltFi: “We found that there is a lot of confusion, frustration and anxiety around personal finances and that people are looking for more simplicity, transparency and trust when it comes to banking.”; the report also found discretionary spending dropped, ordering dinner out for example has dropped from 48 percent to 12 percent and spending on outdoor entertainment dropped from 35 percent to 7 percent. Altfi

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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