Filed Under:Life Insurance, Life Planning Strategies

African-Americans feel better off financially

Relative to the general public, African Americans feel significantly more confident and optimistic when making decisions about their money.
Relative to the general public, African Americans feel significantly more confident and optimistic when making decisions about their money.

Half of half African Americans feel better off financial than a year ago, while only 19 percent feeling worse off, according to new research.

Prudential Financial, Newark, N.J., discloses this finding in its 2013 African American Financial Experience study. Released at a media luncheon on Tuesday, the survey polled 1,153 Americans who identify as African American or Black and 471 general population Americans on a broad range of financial topics.

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Nichole Morford

Nichole Morford
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