| Women
and Westerners believe in
budgets |
| By
Holden Lewis • Bankrate.com |
|
Folks out West
set high standards for themselves,
and young adults are -- surprise!
-- more willing to enjoy life
now and pay later, according
to the results of a poll of
Americans commissioned by Bankrate.com.
And women say
they're better at sticking to
budgets.
Bankrate commissioned a random survey in which 1,014 adults were asked their attitudes about budgeting and spending. Among the highlights:
Asked, "When
it comes to achieving financial
goals, how important do you
think it is to create and live
within a monthly budget,"
Northeasterners were least likely
to say that budgeting is essential
or very important. Eighty-two
percent of Northeasterners believe
budgeting is that important,
compared to 94 percent of Westerners,
90 percent of Southerners and
91 percent of the people in
the north-central part of the
country.
On the question of the importance of budgeting, there weren't big differences among most demographic groups. Senior citizens were a little less likely than those age 18 to 64 to say budgeting is essential or important (83 percent of seniors compared to 91 percent of everyone else). Low-income people were the least likely to say budgeting is essential or very important (88 percent) and folks making between $25,000 and $50,000 were the most likely to say budgeting is essential or very important (94 percent).
| 
