Do you find yourself putting off important milestones because of financial constraints? If you do, you’re not alone. A majority of American adults—51 percent—say they have delayed at least one key life decision in the last year for financial reasons, according to an American Institute of CPAs (AICPA) survey. The Pennsylvania Institute of Certified Public Accountants (PICPA) offers some perspective and a few practical tips you can use to try to turn your situation around.
The Dream Is Still Strong
The good news is that most Americans still believe in the American Dream. According to a Wells Fargo/Gallup survey, 84 percent still have confidence that they can achieve goals such as owning their own home, having a worthwhile job, living comfortably in retirement, and having a better standard of living than their parents.
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