Modern Wealth Survey

Social media has a big influence — not always a good one — on American spending habits, according to a new survey from Charles Schwab. 35% say that social media has a negative influence on their money management.

Learn more about how social media impacts American spending and saving habits, as well as consumer thoughts on wealth and what they would do if they had more money. General saving behaviors and importance of having a written financial plan are also covered in the survey.