Jun 11, 2024
What Does it Mean to be Financially Secure?
The Chart
This chart shows the results from the Your Money International Financial Security Survey from CNBC and SurveyMonkey. Respondents could select multiple answers to the question: "What does it mean to be financially secure?"
3 Things to Know
- Squashing debt was the top response by far. This makes sense as two-thirds of American households are in at least some type of debt.
- Owning a home came in third, and investment property was also a popular answer.
- Unsurprisingly, respondents who registered higher levels of financial literacy were more likely be able to weather an emergency and be financially secure.