smart spending

September '13 Financial Security Index Charts

Bankrate's monthly survey of six questions measures how secure Americans feel about their personal finances compared to 12 months ago. From Sept. 5-8, 2013, telephone interviews (on landlines and cellphones) with 1,002 adults living in the continental U.S. were conducted by Princeton Survey Research Associates International. The results of Bankrate's Financial Security Index have a margin of error of plus or minus 3.6 percentage points. This month, the index declined to 99.5, down 1 point from August.

Financial Security IndexBankrate.com

Highlights:

  • Just 8% of suburbanites and 10% of city-dwellers think home prices will go down.
  • 57% of people with a higher net worth think prices will go up, while 46% of people with a lower net worth think they'll go down.
  • 62% of mothers with kids younger than 18 think home prices will rise, compared to 52% of all other women.
Financial Security IndexBankrate.com

Highlights:

  • Around 1 in 6 women (16%) feel less job secure, compared to 1 in 11 men (9%).
  • 12% of people aged 50-64 feel more secure in their jobs, while 28% of everyone else said the same thing.
  • Unlike most FSI surveys, there were no major differences in job security among income classes.
Financial Security IndexBankrate.com

Highlights:

  • 42% of Republicans feel less comfortable with their savings, compared to 29% of Democrats and 30% of Independents.
  • 39% of women feel less comfortable with their savings, versus 27% of men.
  • 25% of respondents younger than 30 years old said they're more comfortable with their savings, while that's the case for 14% of people 30 and older.
Financial Security IndexBankrate.com

Highlights:

  • 21% of people with at least some college education are more comfortable with their debt, compared to just 12% of less-educated people.
  • 23% of people ages 18 through 64 are less comfortable with their debt, though only 13% of people 65 and older feel that way.
  • 25% of women are less comfortable with their debt, while 18% of men say the same.
Financial Security IndexBankrate.com

Highlights:

  • 27% of city-dwellers and suburbanites say their net worth has increased, compared to 19% of rural respondents.
  • 32% of parents with kids younger than 18 have increased net worth, and so do 23% of other respondents.
  • 28% of respondents younger than 65 say their net worth is up, while just 14% of those 65 and older say the same thing.
Financial Security IndexBankrate.com

Highlights:

  • 29% of Democrats and 28% of Independents are better off today, compared to 20% of Republicans.
  • 29% of men say they're doing better, slightly more than the 22% of women.
  • 29% of people whose education didn't go beyond high school say they're worse off today, versus 18% of people with a college degree.

Editor's note: Percentages may not equal 100, due to rounding.

Bankrate.comFinancial Security Index
Bankrate's Financial Security Index gauges how Americans feel today versus a year ago on vital financial matters. An index value of less than 100 indicates declining levels of financial security; a value greater than 100 reveals higher levels of security compared to 12 months ago.

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 4.04%  0.05 4.09%
15 year fixed refi 3.15%  0.10 3.05%
10 year fixed refi 3.15%  0.06 3.09%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.67%  0.35 4.32%
50K FICO-based HELOC 4.04%  0.05 3.99%
100K FICO-based HELOC 3.88%  0.05 3.83%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.99%  0.19 2.80%
48 month used car loan 2.91%  0.09 3.00%
60 month new car loan 3.06%  0.10 3.16%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.99% --0.00 0.99%
2 Year CD 1.20% --0.00 1.20%
5 Year CD 1.82% --0.00 1.82%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.80% --0.00 15.80%
Cash Back Cards 16.42% --0.00 16.42%
Low Interest Cards 11.09% --0.00 11.09%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us