{"id":11019,"date":"2022-08-04T12:27:32","date_gmt":"2022-08-04T19:27:32","guid":{"rendered":"https:\/\/tegnacorpstage.wpengine.com\/advertise\/?p=11019"},"modified":"2024-08-23T12:02:31","modified_gmt":"2024-08-23T19:02:31","slug":"trend-time-helping-consumers-to-create-a-financial-plan","status":"publish","type":"post","link":"https:\/\/www.tegna.com\/advertise\/trend-time-helping-consumers-to-create-a-financial-plan\/","title":{"rendered":"Trend Time: Helping Consumers to Create a Financial Plan\u00a0"},"content":{"rendered":"

This year has been challenging for many Americans. The lingering effects of the pandemic, supply chain issues, fluctuating gas prices, and inflation have all increased consumers\u2019 financial worries.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

Luckily, financial brands are able to help ease some of these worries by helping consumers create a financial plan – and Team TEGNA has collected insights to help your brand connect to these consumers.\u00a0<\/span>\u00a0<\/span><\/p>\n

Here\u2019s what brands need to know.\u00a0<\/span>\u00a0<\/span><\/p>\n

CNBC found<\/span><\/a> that more than a quarter of Americans believe their financial situation will get worse in 2022. On top of that, 70% of people who expect their finances to worsen cite inflation as the root cause.\u00a0<\/span>\u00a0<\/span><\/p>\n

Do consumers have a plan?\u200b<\/span><\/b>\u00a0<\/span><\/h3>\n

Most consumers are aware that they should save money, but they often don\u2019t even know where to start. That\u2019s why only 33% of Americans actually have a written financial plan.\u00a0<\/span>\u00a0<\/span><\/p>\n

So what\u2019s stopping them?\u00a0<\/span><\/b>\u00a0<\/span><\/h3>\n

In the 2021 Schwab Modern Wealth Survey, respondents were asked what their main barriers are in creating a financial plan for themselves.\u00a0\u00a0 \u200b<\/span>\u00a0<\/span><\/p>\n