In the spirit of family time and togetherness, over at ACCC, we spent much of December uncovering the ins and outs of money and relationships with significant others, friends, and family.
A recent ACCC poll found that 54 percent of consumers consider money to be the top cause of stress in their relationship (over issues like communication, family/in-laws, intimacy, fidelity/trust, and employment). President and CEO Steven Trumble gave Newsday his advice and insight for dealing with money in a relationship and Community Outreach Leader Matt Paradise shared tips such as sharing goals, creating a spending plan, and keeping some personal money for oneself with NECN. For a full breakdown of the results of ACCC’s money and relationships poll, check out the infographic.
We also looked at relationships between friends and family when it comes to lending money. According to a recent ACCC poll, 82 percent of consumers would loan money to a family member or friend in need. CEO Steven Trumble shared with Investopedia his best tips on how to lend money to family and not regret it. For a full breakdown of the poll, check out the infographic.
For those suffering from the often inescapable holiday spending hangover, we also focused on financial resolutions for the new year. If you are looking for ways to reduce your spending and save this year, consider cutting back on eating at restaurants, clothes shopping, and vacations. According to a recent ACCC poll, these are what consumers are most willing to cut back on. To find out what consumers are least willing to cut back on, check out the infographic.
Well, that wraps up December. Check back for results from January’s poll: Will you make a resolution to improve your physical health or financial health this year?
To participate in this month’s poll, click here.