Thirty-two percent (32%) of voters nationwide say their own personal finances are getting better. A Scott Rasmussen national survey found that 28% take the opposite view, saying their finances are getting worse. Thirty-six percent (36%) say their finances are remaining about the same, while 3% are not sure.
Those totals include 11% who say their finances are getting much better and 8% who say much worse.
In April, 28% said their finances were getting better while 21% said the opposite. However, that survey question was slightly different. It simply offered respondents choices between better, worse, or about the same. This survey offered a fuller range of choices–much better, somewhat better, about the same, somewhat worse, or much worse.
The wording change was made to pick up more subtle shifts in perceptions of personal finances. This fuller approach will be used going forward. While the numbers are not directly comparable to earlier surveys, the dynamics are similar. Now, and in April, the number saying their finances were getting better modestly outnumbered those whose finances were getting worse.
However, in the June survey, just 43% rated their personal finances as good or excellent. That’s down six points since April. Seventeen percent (17%) now rate their personal finances as poor, up three points from April.
Fifty-two percent (52%) of Democrats rate their personal finances as good or excellent. Forty-three percent (43%) of Republicans agree. However, among Independents, just 24% give their own finances such positive marks.
As for the trends, Democrats are more likely to report their finances getting better. Republicans and Independents are more likely to say their finances are getting worse.
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Note: Neither Scott Rasmussen, ScottRasmussen.com, nor RMG Research, Inc. have any affiliation with Rasmussen Reports. While Scott Rasmussen founded that firm, he left more than seven years ago and has had no involvement since that time.
Methodology
The survey of 1,200 Registered Voters was conducted by Scott Rasmussen using a mixed mode approach from June 22-24, 2021. Field work for the survey was conducted by RMG Research, Inc. Most respondents were contacted online or via text while 205 were contacted using automated phone polling techniques. Online respondents were selected from a list of Registered Voters and through a process of Random Digital Engagement. Certain quotas were applied, and the sample was lightly weighted by geography, gender, age, race, education, internet usage, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population.
