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Search resuls for: "Money Survey"


6 mentions found


☆ 23% of Americans think real estate is the best way to build wealth, but only 12% bought in 2022
  + stars: | 2022-12-15 | by ( Ryan Ermey | ) www.cnbc.com   time to read: +1 min
When it comes to building wealth, Americans say one thing and do another. Why real estate is more popular than stocks in theory, but not in practiceSo what's keeping Americans from investing the way they want? "In real estate, it takes money to make money," says Nicholas Bunio, a certified financial planner in Downingtown, Pennsylvania. It's no wonder, then, that wealthier respondents in Make It's survey were more likely to have invested in real estate. Just 6% of respondents earning $50,000 or less said they bought real estate this year, compared with 12% earning between $50,000 and $99,000 and 21% earning $100,000 and up.
☆ The No. 1 action Americans took in 2022 to build wealth
  + stars: | 2022-12-13 | by ( Ryan Ermey | ) www.cnbc.com   time to read: +2 min
If earning more money is on your to-do list in the upcoming year, it's worth examining the actions other Americans say they took to do so in 2022. When asked which steps they took to build their personal wealth in 2022, 27% of Americans said they invested in the stock market. Zoom In Icon Arrows pointing outwards Gene Kim | CNBC Make ItInvesting during a down market: 'You should be super excited'Investing in the stock market in 2022 has required some perseverance. While the slide in stock prices has likely scared off more than a few investors in the short-term, those looking to build long-term wealth have been smart to keep buying. That's because, historically, the stock market has trended steadily upward.
☆ Men and women asked for raises this year at the same rate, but men were more likely to get them
  + stars: | 2022-12-13 | by ( Jennifer Liu | ) www.cnbc.com   time to read: +1 min
Americans say they're handling record inflation by trying to up their income, including by asking for a raise at work. However, men were more likely to actually get a pay bump: 59% of men received a raise in the last year, compared with 52% of women, according to the survey. According to the Make It survey, women are more likely than men to be part-time workers or not employed at all. Women who ask for raises could also be getting less of a bump and make less money overall. Nearly half of women surveyed earn below $50,000, compared with about 1 in 3 men in the same income group.
☆ How much money Americans say they need to make to feel rich
  + stars: | 2022-12-12 | by ( Kamaron Mcnair | ) www.cnbc.com   time to read: +2 min
When asked how much money they'd need to earn annually in order to feel rich, the majority of Americans said at least $200,000, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive . Consumers broadly agree across age groups and racial demographics on the salary necessary to feel rich. Similarly, 34% of those earning less than $100,000 say earning between $100,000 and $149,000 would make them feel rich. Experience may give high-earners a better idea of how much has previously made them feel rich. Someone currently earning $200,000 but not managing their money well might not feel well-off, for example.
☆ 60% of Americans see crypto investing as highly risky—but millennials are still its biggest fans
  + stars: | 2022-12-12 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +2 min
About 38% of Gen Zers (defined here as 25 and under) and 46% of millennials (defined here as age 26 to 41) say crypto investing is highly risky. Younger generations, however, appear to be more willing to take a chance on crypto investing than older generations. About 60% of Americans believe investing in digital currency is highly risky — up from 45% in 2021, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive . Crypto remains among the least popular investments: Only about 10% of Americans say they own any, according to the survey. However, with price of bitcoin, the largest cryptocurrency by market value, hovering substantially lower than its Nov. 2021 highs, as of Dec. 12, confidence in crypto investing appears to be waning among investors of all ages.
☆ A survey of 2,000 Americans found they're more likely to talk about politics and relationships with their friends than money
  + stars: | 2021-06-16 | by ( Tanza Loudenback | ) www.businessinsider.com   time to read: +4 min
Talking money with friends is unpopular across all generations, and more so among older Americans. When asked which topics they regularly discuss with friends, each of the following outranked the topic of money: health, sex and relationships, politics, current events, and pop culture. Although there is some variation among generations, the trend tracks across all age groups — Americans are most likely to talk about current events with their friends and least likely to bring up finances. In this sense, the 'money taboo' is not one taboo but several, each tailored to a different social context," Pinsker wrote. The younger a person is, the data revealed, the more likely they are to ask friends or relatives for financial advice.
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