58% Say 2022 Was Financially Difficult — Up From 15% In 2021!

US dollar bill and binary code (Digital Composite)

At a glance

  • Was 2022 the year of the financial backslide? For many Americans, this year was far from money.
  • The latest in a series of annual New Year’s spending research projects asked 2,000 U.S. adults to assess their finances over the past year and their outlook for 2023, finding a widespread failure of financial stability.
  • The survey reveals that 58 percent found this year to be economically difficult for them — a stark contrast to 2021, where only 15 percent found the year difficult, and 2020, which was difficult for 47 percent.
  • When asked whether or not their 2023 New Year’s resolutions include being smarter with money, only 63 percent said “yes,” a sizable dip compared to 76 percent in 2021 and 73 percent in 2020.

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