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Stock impact report

'A part-time job': Americans spend nearly 4 hours a day thinking about money [USA TODAY]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: USA TODAY
They're spending nearly four hours a day on average thinking about it, according to new research from Empower , a financial services company. “That's a part-time job,” said Rebecca Rickert, head of communications and consumer insights at Empower. At 54%, a little more than half of the 2,206 adults surveyed said they're thinking about it more than they did last year. In fact, the June survey found 53% of Americans said they're feeling financial stress "more acutely than ever," including 62% of Gen Xers and 41% of baby boomers. With banking and investment apps a tap away on their phones, 17% of Americans are checking their financial accounts multiple times per day, and 24% check their bank account daily. The high level of surveillance is more common among younger generations, with 24% of Gen Z and 21% of millennials looking at their accounts several times a day, compared to 10% of baby boomers. “People are checking their accounts like they check the weather,” Rickert said. Show less Read more
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