Monday, June 17, 2024
Hawai'i Free Press

Current Articles | Archives

Friday, September 14, 2018
Debt is the No. 1 source of financial stress in Hawaii
By Selected News Articles @ 3:05 PM :: 4433 Views :: Hawaii Statistics, Cost of Living

Debt is the No. 1 source of financial stress in Hawaii

GoBankingRates

If you have money issues, you’re not alone. A recent GOBankingRates survey found that many Americans tap into their emergency savings to cover home costs, medical emergencies and even cost-of-living increases. But, are these expenses causing Americans more financial stress?

To pinpoint what’s causing the worst financial fears and stress among Americans today, we surveyed more than 2,000 people in all 50 states and the District of Columbia. We asked, “What is your No. 1 cause of financial stress?” Respondents could choose one of the following answers:

  • Education (ex. college costs)
  • Family (ex. child care costs, divorce)
  • Housing
  • Healthcare
  • Taxes
  • Everyday costs (ex. groceries, utilities)
  • Debt

The most common cause of financial stress in America is everyday costs of living, with 32 percent of total respondents saying it’s their No. 1 money stressor. This marks a change from similar surveys conducted in 2016 and 2017 when debt was the most common financial stressor.

Click through to find out what’s causing Americans financial stress in every state.

HAWAII: Nearly 67 percent of survey takers from Hawaii said debt is their No. 1 cause of financial stress — and it’s also the state with the most average debt per person. A separate GOBankingRates survey found that the average debt in Hawaii is a whopping $869,250.

read … This is the No. 1 source of financial stress in Hawaii

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii