A majority of Black Americans say they feel at least somewhat successful but nevertheless feel financial pressures regardless of income, according to a new survey by the Pew Research Center, as reported by Jeanne Sahadi for CNN.
The survey of more than 4,700 Black Americans sought their views on what constitutes success — how they define it, how they view themselves in that context, and the concerns they have in achieving it.
The survey of more than 4,700 Black Americans sought their views on what constitutes success — how they define it, how they view themselves in that context, and the concerns they have in achieving it.
“Most Black Americans (66%) consider themselves at least somewhat successful,” Pew researchers wrote in their analysis.
They noted that a quarter (26%) of people surveyed characterized themselves as “extremely” or “very successful.” Those with the highest incomes were most likely to fall into this category.
When asked what was essential to feel successful, a majority of respondents said being able to provide for their family (82%); being happy (80%); having enough time to do things they want (65%); having a job or career they enjoy (56%); owning their own home (52%), and using their talents and resources to help others (50%).
When asked to define financial success specifically, a majority selected “being debt-free” (67%) and having enough money to do what they want (65%) as “essential.” Just under half (49%) selected “owning a home.”
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