According to a recent study by U.S. Bank, one of the biggest concerns for Americans is reaching their goals. The study, U.S. Bank’s inaugural Possibility Index, breaks down aspects of everyday life between different races, gender, generations, as well as the LGBT community.
The Possibility Index explores three critical aspects of everyday life: work, home and play. Below is a sampling of the data:
Work
- LGBT respondents reported that the two key elements holding them back from being satisfied with work were not making as much as they deserve (48%), followed by a close second of extreme levels of stress (44%).
Home
- The top three issues that are preventing LGBT respondents from feeling fully satisfied with their home life are difficulty saving for/covering home payments (46%), not enough time with their children (31%) and inability to feel removed from workplace pressures (28%).
Play
- What the LGBT community wants is a simple vacation, however 44 percent reported that they are dissatisfied or very dissatisfied with their ability to afford a vacation. They are also more likely than any other group surveyed to say that pressure to save money (53%) is the number one factor preventing them from enjoying their play life. Only three other groups ranked higher, unemployed (59%), entry level employees (55%), and those making less than $50,000 a year (55%).
Finances
- The report also found that the LGBT community is much more concerned with their finances in general. Nearly 2 of every 3 said they were very or extremely concerned – while the national average was just 52 percent. In fact, LGBT respondents were much more likely (37%) to say that their finances are preventing them from making major life decisions compared to the national average (27%).
To learn more about U.S. Bank’s Possibility Index go here.
