Survey Finds Americans Are Earning Below Expectations

In October of 2013, a reputed research agency, one of the world's leading marketing research firms did a survey on behalf of popular online lender about how Americans feel about their current income. They conducted the survey over a five day period in October with 2,014 American adults age 18 and older. It is important to keep in mind that the survey was conducted online and is not based on a probability sample.

The research agency found that a little under half of all Americans who receive a paycheck today are earning less than they what they would expect for individuals of their age bracket. This phenomenon leads more and more Americans to explore cash advance lenders online every month. The survey findings indicated that a little over one third of the Americans surveyed report that their current paycheck is what they anticipated making at this age while a mere 16 percent stated that their earnings were higher.

It is also interesting to note that more women stated that they were making less than expected for their age than men did (55 percent versus 45 percent). This belief grows stronger as women get older. 28 percent of the women in the 25-54 age bracket who were making what they anticipated. In comparison, 41 percent of women 55 and older were earning what they anticipated.

With such a tough economy, it is not surprising to see that many Americans are making New Year's resolutions to earn more money in 2014. Cash advance lenders online are likely to see increased business as well over the coming months as people work harder than ever to make ends meet for their families.

Surprisingly enough, according to a September 2013 poll, while a significant number of Americans are dissatisfied with their earnings, many of them still report high levels of satisfaction with other areas of their lives including standard of living, housing, and opportunities to succeed. However, this satisfaction may not be long lasting because over the last 15 years, many people have become increasingly concerned about their futures and their general financial state.

Kimmy Burgess

Kimmy Burgess is the Manager of Cash in a Snap, which helps clients get connected to its large network of reputed lenders to get instant approval cash advances when they need it. Kimmy has over 20+ years' experience in Administrative Management, with many years in the lending industry. Her expertise includes customer service, client services and other functions in the payday lending business. She has also spent time in the mortgage industry prior to her move into the payday lending field. Kimmy also has a number of pets including cats, birds, and a Chinese water dragon.

Category: Financial Assistance

Comments are closed

scroll up