Roughly half of Americans are knowledgeable about personal finances
Among U.S. adults who are knowledgeable about personal finances, 49% say they learned a great deal or a fair amount about personal finances from family and friends.
Khadijah Edwards
Research Associate
Expertise:Global Migration and Demography, Hispanic Trends, Race and Ethnicity
Khadijah Edwards is a research associate focusing on race and ethnicity research at Pew Research Center.
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Black Americans’ Views on Success in the U.S.
While Black adults define personal and financial success in different ways, most see these measures of success as major sources of pressure in their lives.
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Among Black adults, those with higher incomes are most likely to say they are happy
Black adults in upper-income families are about twice as likely as those in lower-income families to say they are extremely or very happy.
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Most Black adults in the U.S. are optimistic about their financial future
68% of Black adults in the U.S. say they do not have enough income to lead the kind of life they want, but a majority are optimistic that they will one day.
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Black Americans view capitalism more negatively than positively but express hope in Black businesses
In an August 2022 survey, 54% of Black adults said they had a very or somewhat negative impression of capitalism, up from 40% in May 2019.
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Black Americans differ from other U.S. adults over whether individual or structural racism is a bigger problem
About half of Black adults (52%) say racism in U.S. laws is the bigger problem for Black people, while 43% cite racism by individuals.
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Black Lives Matter tops list of groups that Black Americans see as helping them most in recent years
Around four-in-ten Black adults in the United States (39%) say Black Lives Matter has done the most to help Black people in recent years.
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Most Latinos Say Democrats Care About Them and Work Hard for Their Vote, Far Fewer Say So of GOP
Abortion has risen as an election issue for Latinos, with a majority saying it should be legal in all or most cases. Meanwhile, 80% say the economy is a very important issue when deciding who to vote for in the upcoming congressional midterm elections, a greater share than any other issue.
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Black Americans Have a Clear Vision for Reducing Racism but Little Hope It Will Happen
Black Americans support significant reforms to or complete overhauls of several U.S. institutions to ensure fair treatment. Yet even as they assess inequality and ideas about progress, many are pessimistic about whether society and institutions will change in ways that would reduce racism.
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Clear majorities of Black Americans favor marijuana legalization, easing of criminal penalties
57% of Black adults say marijuana should be legal for medical and recreational use by adults; 28% say it should be legal for medical use only.
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