From www.journalofaccountancy.com: (US context) A recent AICPA survey revealed that over 70% of Americans feel cautious or uncertain about their financial situation, prompting the organization to offer advice during National Financial Literacy Month.

They recommend three strategies for managing financial stress: assessing one’s finances, understanding controllable financial factors, and utilising online tools for financial management.

The survey indicated that many respondents have reduced credit card use and delayed major purchases in response to their financial concerns.

Filed under: Economy