Survey on Americans' beliefs about the impact of the upcoming election on personal finances

The surveys indicate a deep divide among voters regarding which candidate would better their financial situation. According to a Forbes Advisor and Talker Research survey, 68% of respondents believe that the president has a tangible impact on their financial well-being, with inflation being the top economic concern for 74% of participants. Notably, 52% of respondents feel their finances are worse now compared to four years ago, highlighting a general sentiment of economic anxiety. Conversely, CNBC reports that 50% of Americans are currently holding off on financial decisions due to uncertainty surrounding the election outcome. These findings underscore the significant influence that political leadership is perceived to have on individual economic health, particularly in a climate marked by inflation and fluctuating market conditions.

Key Findings

• Voter Concerns: Inflation is identified as the primary economic issue, with 60% of voters prioritizing it for the next administration.
• Perception of Candidates: A slight majority believe Vice President Kamala Harris would improve the economy, while many respondents feel their finances were better during Donald Trump’s presidency.
• Impact on Financial Decisions: Many Americans are postponing financial decisions until after the election, reflecting a belief that the election’s outcome will directly affect their personal finances.
• Bipartisan Sentiment: Concerns about inflation are shared across party lines, with significant percentages of both Republicans and Democrats identifying it as a critical issue.

Overall, these surveys illustrate a heightened awareness among voters of how political events can shape their financial futures, leading to cautious decision-making in the lead-up to the election.