Your money, then and now
If you are feeling less wealthy today, you have a lot of company. According to a Poll Position national telephone survey, 52% of the people we asked say they have less money now than they did five years ago. Thirty percent say they have more with 11% indicating they have exactly the same amount.
Middle aged and older Americans tell us they are really feeling the pinch. By a 2-1 margin those in the 45-64 age group said they have less money than they used to. By vote, 54% say they have less to 27% more and 13% picking exactly the same. It gets worse for Americans 65 and older with 56% telling us they a less money to only 17% saying they have more.
Hispanics provided the dimmest view of today versus five years ago when it comes to wealth. Fifty-seven percent of Hispanics say they have less money today than five years ago. Only 5% say they have more with 34% picking exactly the same.
Americans in the 30-44 year old age group indicated they are doing better than others polled. Forty-two percent say they have more more money than five years ago but 51% said less.
What do you think? Vote in our online poll and comment below.
Poll Position’s scientific telephone survey of 1,052 adults nationwide was conducted September 27, 2011 and has a margin of error of ±3%.
The online companion poll in which you can vote provides unscientific results, meaning it’s a tally of participating Poll Position users, not a nationally representative sampling.
Poll Position is committed to transparency and upholding the highest professional standards in its polling, explaining why we provide you with the crosstabs of our scientific polls. Crosstabs provide a breakdown of survey participants by age, race, gender, and political affiliation. Here are the crosstabs for this poll: Poll Position crosstabs – more or less money..
You can learn more about our polling methodology here.
The question is meaningless. As long as the people are concerned with “How Much” money they have, the root problem/cancer will continue to grow. It is not the number of dollars you have…but rather what will one dollar buy you? The politicians are true experts at keeping this shell game going.
I agree with David’s comment…although the paycheck is higher than it was five years ago, we’re paying higher prices for most everything. Misleading.
Purchasing “things” is not as much a concern as how much my standard of living has fallen. It has become more difficult to put food on the table and gas in the car.