Poll: Over three-quarters of Americans say their finances are stable or getting better

Just 23% report experiencing money troubles

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Mall shoppers
Mall shoppers in Costa Mesa, Calif.
(Paul Bersebach/MediaNews Group/Orange County Register via Getty Images)
Updated: September 2, 2020 - 2:50pm

A majority of registered voters report that their personal finances are stable or improving, according to a new Just the News Daily Poll with Scott Rasmussen.

Asked about their current financial situation, amid a pandemic and street protests that shuttered some retail businesses, 52% of respondents said their bank account is "about the same" as it normally is, while 23% said their personal finances are "getting better." Just 23% reported a worsening financial outlook. 

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are your personal finances getting better or worse
are your personal finances getting better or worse
Scott Rasmussen

"Given all that the nation has been through in recent months, that’s a pretty optimistic assessment," Rasmussen said. 

However, he also pointed out that the polls responses are "views about personal finances rather than the economy at large," and that "voters are more pessimistic about the economy at large."

Rasmussen also noted that in terms of behavior perceptions of personal finances are more significant than perceptions of the overall economy."

"If people feel better about their personal finances, they are more likely to vote for the incumbent president," he said.

The survey of 1,200 Registered Voters was conducted by Rasmussen using a mixed mode approach from August 27-29, 2020.

To see this poll question's cross-demographic tabulations, click here

To see this poll question's methodology and sample demographics, click here

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