Survey Shows Higher Income Americans More Likely to Tie Financial Struggles to Lack of Financial Understanding than Those Making Less

A new survey of U.S. adults by Junior Achievement USA (JA) and global research firm Ipsos shows that Americans with a household income of $100,000 a year and above are more likely to tie their struggles with money management to a lack of financial understanding (31%), compared to those with a household income of less than $50,000 (23%).