Despite the economic recovery, most Americans continue to face significant financial challenges, according to a national survey assessing household savings for America Saves Week.
One-third of survey participants said they were meeting their savings goals but 63 percent said they were making only fair or no progress in this area.
Stephen Brobeck, executive director of the Consumer Federation of America and a founder of America Saves said that, "Only about one-third of Americans are living within their means and think they are prepared for the long-term financial future. One-third are living within their means but are often not prepared for this long-term future. And one-third are struggling to live within their means."
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