Americans' trust in financial planners took a hit during the recession, and they're not confident the economy will rebound over the next year. Yet people who have a personal-finance plan—however vague—are more optimistic and willing to contribute to the economy, according to a survey released Thursday [by the CFP Board].
The survey was conducted with 1,011 adults 18 years and older between June 2 and June 6.
Having a plan of attack affects a person's outlook, and those who report having a financial plan are much more optimistic than those who don't. The majority of Americans believe that everyone should have a financial plan in place, though "most simply have some goals in their head that they are working toward," the survey concludes. Read more >
June 16, 2011