Americans are not comfortable with the amount of income that they earn yearly in the current economic climate, according to a recent Gallup Poll.
Fifty-three percent of total participants answered “no” when asked, “Are you feeling pretty good these days about the amount of money you have to spend, or not?” Meanwhile, 47 percent responded that they do not feel capable of affording a “major purchase.”
But how great of income per year is required to feel financially secure?
According to the poll, Americans need at least $60,000 for the majority to feel “pretty good” about the amount they have to spend. When asked, “Are you feeling pretty good these days about the amount of money you have to spend, or not,” the majority of Americans under the $60,000-$90,000 threshold responded “no.”
Meanwhile, the majority of Americans need to earn at least $180,000 a year to feel that they have “more than enough.” But even then, the majority is slim, with only 51 percent of participants responding in agreement.
However, most Americans do not feel worried about spending on a daily basis. Sixty-seven percent responded that they did not “worry yesterday” that they spent too much money.