360 Degrees of Financial Literacy composed this infographic to show how consumers stack up. The survey found that 38%Â ofÂ survey respondentsÂ have a formal budget (23% do not). However,Â 43% of consumers who set financial goals over the past five yearsÂ fellÂ short orÂ were not able to maintain their goals.
The survey shows that we all have our struggles and encounter some ups and downs, but with proper planning and professional financial advice, we can come out strong.
Click on the infographic below for more insights.