Cash-strapped people miss out due to the shame of being broke

This story version has been formatted as an on-air script for broadcast outlets. See the original research story here.

“FINANCIAL FOMO”

TWO IN THREE AMERICANS SUFFER FROM FINANCE-INDUCED FOMO, ACCORDING TO NEW RESEARCH.

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THE SURVEY OF 2,000 AMERICAN ADULTS CONDUCTED BY ONEPOLL ON BEHALF OF BEYOND FINANCE FOUND TWO IN THREE (66%) RESPONDENTS HAVE AVOIDED SOCIAL SITUATIONS BECAUSE THEY FEEL EMBARRASSED OR UNCOMFORTABLE TALKING ABOUT THEIR FINANCES.

ROUGHLY ONE IN THREE STEER CLEAR OF BIRTHDAY PARTIES (33%), WEDDINGS (32%), HAPPY HOURS (31%) AND EVEN NETWORKING EVENTS (31%) TO AVOID CONVERSATIONS ABOUT MONEY.

THE STUDY BY ONEPOLL AND BEYOND FINANCE ALSO FOUND THAT EIGHT IN 10 (80%) PEOPLE REPORTED HAVING SOME FORM OF DEBT.

NEARLY SIX IN 10 (58%) SAY THEY FEEL ALONE IN THEIR FINANCIAL STRESS AND ABOUT HALF (51%) ARE ASHAMED OF THEIR FINANCIAL DIFFICULTIES.

ON AVERAGE, PEOPLE THINK THEY’D NEED TO EARN A MINIMUM OF $86,000 TO NEVER FEEL STRESSED ABOUT THEIR FINANCES AGAIN.