Survey reveals financial confidence for 2019

According to a recent holiday survey by Quotient Technology Inc., 52 percent of consumers say they are more confident about their personal finances than last year going into 2019, while 25 percent feel the same confidence level as last year, and 23 percent are feeling less confident. The reason for the confidence is attributed to 31 percent […]

According to a recent holiday survey by Quotient Technology Inc., 52 percent of consumers say they are more confident about their personal finances than last year going into 2019, while 25 percent feel the same confidence level as last year, and 23 percent are feeling less confident.

The reason for the confidence is attributed to 31 percent saying they have good jobs, followed by 21 percent who already have money saved. Seventeen percent surveyed are buried in student debt, but still many shoppers will be active, and 63 percent say they plan to shop online or mostly online for holiday gifts.

While the holiday season is a time of joy, it can also come with stress. According to the survey, spending too much money (38 percent) is the number one cause of holiday anxiety.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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