How much annual income will you need to sleep soundly? The calculations were made by the American media CNBC and the polling institute SurveyMonkey. In a study published on Wednesday 3 April, they analyzed what annual income individuals would feel financially secure by interviewing people in several countries: the United States, the United Kingdom, Germany, Mexico, Singapore, but also France.
4% of French people believe they will never be able to feel financially secure
The survey offered four annual income ranges to respondents so they could express their opinion: 50,000 euros, 100,000 euros, 500,000 euros and 1 million euros (or dollars depending on the country). Some respondents believe they will never feel financially secure.
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In France they are 45%, almost an absolute majoritybelieve they can be financially secure by winning 50,000 euros per year. So 30% consider it starting from 100,000 euros per year, 13% at 500,000 euros and 4% at 1 million. However, around 4% believe they will never feel financially secure.
Answers that depend on various factors: the share of debts and credits per person, the savings made in case of emergency, the fact of being a parent or not, or even more generally, the cost of living in the country of residence.
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Source: Madmoizelle
Mary Crossley is an author at “The Fashion Vibes”. She is a seasoned journalist who is dedicated to delivering the latest news to her readers. With a keen sense of what’s important, Mary covers a wide range of topics, from politics to lifestyle and everything in between.
