What to Do When You're Struggling Financially
Roughly 43 million Americans are struggling financially, according to a recent report from the Financial Health Network. That's around 17% of the adult population. In addition, another 54% are coping financially, saying they struggle with some areas of their financial lives but are doing OK in others. Only 29% of adults, then, are considered financially healthy.
In other words, many Americans are having a rough time with their finances.
That's understandable, considering most households have a long list of financial responsibilities -- from a mortgage to student loans to simply paying all the routine bills on time -- and balancing all those priorities can be overwhelming. However, some people are struggling more than others, and workers in one income group, in particular, are the most likely to face financial problems.
Source Fool.com
