Real Wealth: Changing Views on Money & Wealth

The pandemic is changing the way people think about money, and how much they feel they need to be wealthy. The Charles Schwab 2020 Modern Wealth Survey was taken in January of this year, before the U.S. was hit by the pandemic, and again in June, several months after the pandemic began. The results reveal changes in both attitudes and behavior, when it comes to money. More than half of the people who participated in the survey say COVID-19 has had a financial impact on them or a close family member. But the sudden economic uncertainty that the pandemic has created, is also having a good effect on how people are handing their money. www.NewsForInvestors.com