Americans who are thriving in their financial well-being are more likely than those who are struggling or suffering to agree that their closest relationship is stronger than ever.
Gallup analysts Jade Wood and Rebecca Riffkin take a look at new data that explores the correlation between financial well-being and the strength or weakness in key social relationships. Here's their "bottom line" take-away.
The relationship Americans have with their finances and the management of their money has a significant effect on their personal relationships -- for high-income and low-income alike. Financial well-being is more than income alone. Americans with high incomes who do not successfully manage their money and who do not live within their means could have low financial well-being -- and those with moderate or low incomes who manage their money well and live within their means could have high financial well-being.