A new study from fintech Acorns finds almost one in four Americans are concerned their dire financial outlook could lead to homelessness.
There’s being cautious, and then there’s being terrified. When it comes to their financial outlook , many young adults have slipped into the second category., a dense examination into American financial concerns published Thursday by saving and investing app Acorns . For the report, Acorns surveyed over 5,000 U.S. consumers about their attitudes and their concerns—and the results were dire.
The main culprits behind the explosion in homelessness are “the shortage of affordable homes and the high cost of housing that have left many Americans living paycheck to paycheck and one crisis away from homelessness,” Jeff Olivet, executive director of the U.S. Interagency Council on Homelessness, said at the time.
Only around one-third of respondents said they expect to be more financially secure next year than they are now. Things generally skew more optimistic for the older crowd. The silent generation were over twice as likely as the rest of the general population to claim they have no financial concerns at all.
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Philadelphia’s head of LGBT affairs and her husband were arrested by a state trooper Saturday, in what the mayor is calling a “very concerning,” interaction, according to a video circulating on social media, which was confirmed by police.George Conway Names 'Complete Disaster' Moment For Trump During TrialLocal educators among those accused in Windsor police underage sex sting
Homelessness Financial Outlook Acorns Respondents Saving And Investing
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