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A third of Americans in a new survey from Northwestern Mutual said their financial discipline has improved during the pandemic, and nearly all respondents expect their newfound habits to endure after the crisis subsides.
Eighty-three percent of survey participants reported that they were prompted to either create, revisit or adjust their financial plan during the pandemic. Seventeen percent said they did not have a plan before the outbreak.
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.
