Most will not last several months – a survey showed the financial situation of US citizens

Even before the onset of the financial crisis, one in four Americans could not pay their monthly bills.

A homeless man begs for money in the Financial District in San Francisco, California March 28, 2012. REUTERS/Robert Galbraith (UNITED STATES – Tags: SOCIETY POVERTY BUSINESS)

This is evidenced by the results of a sociological survey of the Pew Research Center, conducted among almost 5 thousand Americans.

The survey results showed that 24% of respondents do not have enough income to pay bills or can only make partial payments. At the same time, 32% of respondents said they would not be able to pay their bills this month.

The study also showed that only 47% of Americans have funds that will help them survive for up to three months in a crisis. Accordingly, 53% say they do not have such finances.

Among those who have no rainy day savings, only 28% will be able to cover their main expenses by borrowing money or selling assets.

However, only 23% of respondents believe that the economic conditions in the United States are “excellent” or “good”. At the beginning of 2020, this indicator was at the level of 57%.