Senior Advisor and Research Fellow, Consumer Finance Institute
June 2024
This report is part of a quarterly series that summarizes key observations from the LIFE Survey. In each report, we share data relating to employment status and concerns about working, income expectations, recent financial health and stability, and concerns about the future and personal outlook.
The data presented in the April 2024 LIFE Survey Report show that while some aspects of consumers’ financial lives appear to be easing, concern for the future is rising among some segments. We note several key observations about consumers’ financial lives over the past 12 months, including:
Respondents continue to be more positive about their income prospects compared with one year earlier, even though optimism has decreased since the beginning of this year.
The percentage of respondents concerned about making ends meet rose slightly in April. In particular, people who are currently able to meet all of their monthly obligations expressed more worries about their future finances.
Concern about exposure to illness has increased for nonemployed respondents of working age and is nearly as common a worry as access to reliable transportation and the stability of potential jobs.
Download expanded data tables featured in the April 2024 LIFE Survey Data Report.
