(The Hill) - About one-in-three U.S. adults say their family’s finances have gotten worse in the past year, while another 40 percent said it roughly stayed the same, according to a new poll.
The latest Yahoo Finance/Marist Poll survey, released Monday, found that 33 percent of U.S. adults said their family’s finances have deteriorated in the last year. Another 27 percent argued it has gotten better while 40 percent stated that their family’s financial conditions stayed the same.
Older generations, nearly four-in-ten of Gen X and 35 percent of Baby Boomers, are more likely to say their finances have gotten worse. Roughly 29 percent each of millennials and Gen Z said the same, the poll shows.
Nearly half of households, 47 percent, who are earning below $50,000 annually, said their finance