While consumer concern about macro-economic conditions currently is at its highest point in the last 40-50 years, this concern has only started to influence how people think about their own financial habits. New research reveals a shift in consumers' financial attitudes following the economic crisis:
- Those considered older (55+) appear to be reacting most poorly to the economic downtown
- Younger bank customers (34 years or less) may be more focused on becoming more fiscally conservative.
- Overall, less people are rewarding themselves by spending money, and more agree they need a good financial plan in place.