Logica Research Finds a Paradox in Money Management During COVID-19
The newest discovery that the Logica Future of Money Study uncovers is a paradox in money management during COVID-19. Below you’ll find some of the statistics revealed:
Savings rates have been at an all-time high, while spending is down. At the same time, almost two-thirds of Americans are stressed about their financial situation, and the population is split on their ability to cover their expenses or not.
41% of Americans are planning on paying down debt more in 2021, and 32% are planning on paying off…