{"id":17243,"date":"2009-11-18T00:00:01","date_gmt":"2009-11-18T05:00:01","guid":{"rendered":""},"modified":"2024-04-14T03:42:56","modified_gmt":"2024-04-14T08:42:56","slug":"few-say-personal-finances-still-ok","status":"publish","type":"short-read","link":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2009\/11\/18\/few-say-personal-finances-still-ok\/","title":{"rendered":"Few Say Personal Finances Still OK"},"content":{"rendered":"<p class=\"wp-block-paragraph\">As 2009 draws to a close, just 35% of Americans say their personal finances are in excellent (7%) or good shape (28%), while 63% say their finances are only fair (39%) or poor (24%). Measures of personal financial optimism and current evaluations have changed little in recent months. Still, a majority of Americans (53%) say they think their personal financial situation will improve a lot (9%) or some (44%) over the next year; 27% expect their finances to get worse. Opinions about whether the economy will improve over the next year have also changed little in recent months. In a December Pew Research survey, 42% say they expect economic conditions will be better a year from now; 39% said that a month ago. Optimism that economic conditions will improve reached a high for the year of 48% in June. Since last year, Pew Research surveys have consistently found that worry over future finances, rather than actual economic hardship, is a bigger factor in decisions to scale back spending. Currently, 30% of those who have changed spending habits say they have done so because their financial situation has gotten worse, while substantially more (49%) say they have cut back on spending because they worry their financial situation might get worse in the future. <a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/pubs\/1442\/obama-year-end-approval-rating-afghanistan-health-care\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Just over a third of Americans rate their personal finances in excellent or good shape, a 17-year low.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sub_headline":"","sub_title":"","_prc_public_revisions":[],"_ppp_expiration_hours":0,"_ppp_enabled":false,"ai_generated_summary":"","apple_news_api_id":"","apple_news_api_revision":"","apple_news_api_created_at":"","apple_news_api_modified_at":"","apple_news_api_share_url":"","apple_news_api_pending":"1713064061","apple_news_is_preview":false,"apple_news_is_hidden":false,"relatedPosts":[],"datacite_doi":"","datacite_doi_citation":"","_prc_seo_qr_attachment_id":0,"spoken_article_player_enabled":true,"displayBylines":true,"footnotes":"","prc_watchers":[],"_prc_fork_parent":0,"_prc_fork_status":"","_prc_active_fork":0},"categories":[],"bylines":[791],"datasets":[],"_post_visibility":[],"formats":[467],"_fund_pool":[],"languages":[],"regions-countries":[515],"research-teams":[],"workflow-status":[],"collection":[],"class_list":["post-17243","short-read","type-short-read","status-publish","hentry","bylines-pew-research-center-staff","formats-short-read","regions-countries-united-states"],"label":"Short 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