Search Icon
Quick Tips

What Are Your Financial Fears and How Are You Dealing With Them?

Worried about Finances

The NFCC recently released the results of a poll in which they asked Americans if they had any financial fears and the results were telling: 71% of respondents admit to having financial worries.

Sharing the top spot on the list are concerns about a lack of savings, equally divided between not enough savings for everyday emergencies (16%), and not enough money for retirement (16%).


Other top worries included the following:

  • Not surprisingly, fears related to either losing a job or not being able to find a good-paying job was second on the worry list (13%).
  • Worries associated with debt held the third spot (7%), and included concerns about not being able to pay credit card debt, student loan debt, a monthly vehicle payment or existing medical debt.
  • Four percent of respondents worry about not being able to afford health insurance. Four percent also have concerns about their credit score and access to credit.
  • Rounding out the list were fears that their personal financial situation is out of control, not being able to afford to send children to college, not having a good overall understanding of personal finance, losing a home to foreclosure and potentially having to file bankruptcy.

Admitting financial fears is the first step toward resolving them. The next step is taking action to resolve the problem. I would like to know what you are doing to address your financial fears. Are you going to cut back on your spending? Are you planning to increase your income? Are you thinking about reducing your debt?

If you need help, Apprisen’s certified financial counselors can help you create a plan to reduce your financial fears. Give them a call at 1-800-355-2227 or visit Apprisen at

Apprisen BBB Business Review United Way