Lessons from The Recession: USAA Survey Finds Buyers Becoming Much better Budgeters
Selasa, 31 Mei 2011 by Android Blackberry
Lessons from The Recession: USAA Survey Finds Buyers Becoming Much better Budgeters
A recent USAA Bank survey indicates that a lot of buyers are putting into practice personal finance lessons learned throughout the past few years, with almost half (49 percent) saying that keeping a budget has turn into a larger priority than it was prior to.
When asked about their budgeting personality, three-fourths of respondents described themselves as a “penny pincher” (40 percent) or a “big picture budgeter” (36 percent). And nearly nine out of 10 (86 percent) stated they often or frequently stick to particular targets within their spending budget for everyday expenses.
The survey also uncovered that even the most effective budgeters benefit from having their monetary data at their fingertips. Respondents indicated they’re more likely to create far better budget decisions if they had access to real-time updates on their mobile phones. For instance, nearly 70 percent said they would choose against buying a $40 pair of jeans if they saw on their mobile phone that they had only $20 left in their monthly clothing spending budget, although practically 1 in four (24 percent) non-budgeters stated that having updates on their mobile phone would boost their likelihood to develop a budget.
“As expenses for necessities like gas and groceries continue to rise, it’s a lot more critical than ever for consumers to keep a watchful eye on their spending habits,” said Jeff Easley, executive director for USAA Bank. “The 1st step in avoiding budget missteps, like overspending, is to use very simple mobile tools that work for you and your family.”
USAA® Revenue Manager Goes Mobile - Providing On-The-Spot Info
To help members manage their finances, USAA recently launched a mobile version of USAA® Dollars Manager, a totally free personal spending budget tool that supplies on-the-spot spending data using an iPhone® or Android™ mobile device, including:
USAA and non-USAA account balances, including transaction history for up to 60 days.
Charts that categorize spending to show how much of a pre-set spending budget is going toward expenses like gas, groceries, utilities and entertainment.
Real-time updates for every pre-set spending category. For instance, members can see if there’s still room in their dining-out spending budget for a $5 latte or a $25 dinner.
A recent USAA Bank survey indicates that a lot of buyers are putting into practice personal finance lessons learned throughout the past few years, with almost half (49 percent) saying that keeping a budget has turn into a larger priority than it was prior to.
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| Lessons from The Recession: USAA Survey Finds Buyers Becoming Much better Budgeters |
When asked about their budgeting personality, three-fourths of respondents described themselves as a “penny pincher” (40 percent) or a “big picture budgeter” (36 percent). And nearly nine out of 10 (86 percent) stated they often or frequently stick to particular targets within their spending budget for everyday expenses.
The survey also uncovered that even the most effective budgeters benefit from having their monetary data at their fingertips. Respondents indicated they’re more likely to create far better budget decisions if they had access to real-time updates on their mobile phones. For instance, nearly 70 percent said they would choose against buying a $40 pair of jeans if they saw on their mobile phone that they had only $20 left in their monthly clothing spending budget, although practically 1 in four (24 percent) non-budgeters stated that having updates on their mobile phone would boost their likelihood to develop a budget.
“As expenses for necessities like gas and groceries continue to rise, it’s a lot more critical than ever for consumers to keep a watchful eye on their spending habits,” said Jeff Easley, executive director for USAA Bank. “The 1st step in avoiding budget missteps, like overspending, is to use very simple mobile tools that work for you and your family.”
USAA® Revenue Manager Goes Mobile - Providing On-The-Spot Info
To help members manage their finances, USAA recently launched a mobile version of USAA® Dollars Manager, a totally free personal spending budget tool that supplies on-the-spot spending data using an iPhone® or Android™ mobile device, including:
USAA and non-USAA account balances, including transaction history for up to 60 days.
Charts that categorize spending to show how much of a pre-set spending budget is going toward expenses like gas, groceries, utilities and entertainment.
Real-time updates for every pre-set spending category. For instance, members can see if there’s still room in their dining-out spending budget for a $5 latte or a $25 dinner.
