National Survey: Middle-Income Americans Reprioritizing Spending as Cost Pressures Persist
Primerica, Inc. (PRI)
Last primerica, inc. earnings: 4/29 04:15 pm
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Source: Business Wire
65% of households have delayed a major purchase or expense in the past year DULUTH, Ga.--(BUSINESS WIRE)--Middle-income families are no longer just adjusting their spending habits, they’re increasingly deferring major spending decisions, according to the latest Financial Security Monitor™ (FSM™) survey. The results show that persistent cost pressures and expectations of continued price increases are forcing households to delay some key expenses, creating potential long-term challenges for their financial stability, health and overall quality of life.About 65% of middle-income Americans say their income is falling behind the cost of living, a figure that has remained stable since 2023. Notably, 66% say they feel behind compared to where they thought they would be at this stage of life, underscoring the importance of making thoughtful adjustments to stay aligned with long-term goals.“Many families are taking a closer look at their finances and asking how they can find the money to st
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