Stash unveils first annual State of Money in America findings, looks at how Americans understand and approach money
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Stash, the investing and banking app with more than 2M customers and nearly $3B in assets under management, found that 90% of Americans want to invest, and 54% learn about personal finance from personal experience, but almost half (45%) don't know where to start. This is just one of the stand-out findings in the recently conducted, first annual, State of Money in America survey, fielded by Prodege, a leading global market research provider. The goal of this survey is to uncover how everyday Americans understand their finances, the way money impacts their lives, and how they would approach their overall lifestyle if their finances were to change.
- The goal of this survey is to uncover how everyday Americans understand their finances, the way money impacts their lives, and how they would approach their overall lifestyle if their finances were to change.
- The survey was conducted by Stash via partner Prodege in May 2022, surveying over 2,000 Americans who match the U.S. Census, 5% of those happened to be Stash customers.
- Stash is an investing and banking app with more than 2 million customers and nearly $3B in assets under management.
- Stash members are 15% more financially literate than the average American and grow their financial literacy over time.