Feeling less financially secure? You have company

Feeling financially insecure these days?

If so, you have company.

Bankrate.com’s Financial Security Index dropped this month to its lowest level since March, and it recorded the biggest month to month decline since August 2011.

According to the survey, people are less secure about their jobs, their savings, their debt, their net worth and their overall financial situation.

That should about cover it.

Nationwide, 28 percent of people say their overall financial security is lower now than it was one year ago, although 23 percent say they feel better today.

Americans feel most insecure about their savings, with 39 percent saying they are less comfortable now than a year ago. Only 16 percent reported feeling better.

Bankrate.com senior financial analyst Greg McBride said, however, that “despite another poor jobs report in early July, feelings of job security were the least affected and remain the component of financial security that Americans feel is most improved relative to one year ago.”

10 comments Add your comment

Facts that hurt

July 25th, 2012
10:22 am

It’s going to get much worse, much much worse.

Facts that feel good

July 25th, 2012
10:33 am

It’s going to get much better, much much better.

Independent voter

July 25th, 2012
10:50 am

total unemployment including those who have given up = 17 % food stamps way up.. many more claiming ” Disability “.. who’s left to work and pay taxes to support all these folks on the Fed. Gov’ts tit ??

Destin Dawg

July 25th, 2012
11:00 am

better get trained for the jobs available… nursing.. electricians.. computers.. vo tech now more important than general Colle grads

Clark

July 25th, 2012
11:06 am

@Destin Dawg

Care to cite your source?

Destin Dawg

July 26th, 2012
6:39 am

job openings galore in nursing, electricians, welding, plumbers, food service, manufacturing, while college grads with general degrees, in english, history, etc.. some with student loan debts, are waiting tables looking for a teaching job that pays about the same.

haha

July 26th, 2012
10:11 am

it’s called capitalism = survival of the fittest = dog eat dog world = the weak and lazy will get devoured = life ain’t fair = play with the cards that you are dealt = you control your own destiny = you can’t handle the truth = suck it up and quit bitchin’.

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nojobs

July 27th, 2012
8:03 am

there are no good jobs anywhere—I’m tired of working for chump change. Hopefully obama makes more good jobs in the next 4 years so i can get more money.

Ola Pattengale

July 30th, 2012
1:28 pm

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