Survey: Fewer Phila.-area residents budget their money

Couple Calculating Budget

A TD Bank survey found that during the recent holidays Philadelphia-area residents were less likely than people in other major TD Bank markets, Boston, New York, and Florida, to set a budget and stick to it.

Only 32 percent of Philadelphians had a budget, compared to 39 percent of New Yorkers, 42 percent of Floridians, and 41 percent of Bostonians.

Philadelphians lagged in other areas, too, according to the survey based on online interviews from Jan. 13 to 19.

In the New York area, for example, 45 percent of people surveyed were satisfied with their financial health, compared to 38 percent in Florida, 37 percent in Boston, and 31 percent in Philadelphia.

The survey of 1,444 people had a margin of error of plus or minus 2.6 percent.

- Harold Brubaker

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