Fiscal Beats Out Physical


Financial fitness topped the list of self-improvement priorities in a Charles Schwab survey on families and money.

 

According to the 2009 Young Adults & Money Survey, 52% of young adults (between the ages of 23 and 28) said that “making better choices about managing money” was the single most important issue for individual Americans today. It outweighed “strengthening family structure/relationships” (18%), “personally taking steps to protect the environment” (11%), “balancing work and personal life” (10%) and “improving personal nutrition and health” (9%).

 

Toward this goal, most said they are becoming more financially conservative by curtailing shopping for fun (73%), eating out less (62%), saving more (52%) and modifying vacation plans (47%).

 

Source: Charles Schwab, www.schwab.com.

 

SPONSORED REPORT

Why cybercriminals are targeting CPAs

This free report expands on the most commonly found scams, why education and specialized IT knowledge help to lessen security vulnerabilities, and why every firm should plan carefully for how it would respond to a breach.

PODCAST

How tax reform — and Excel — are changing the CPA Exam

Mike Decker, the vice president of examinations at the AICPA, discusses changes being made to the exam as a result of tax reform — and about how Excel will now be available for use on the test.