<p>这些数字描绘了一幅严峻的图景。消费者信心较一年前下降了近 30%，信用卡债务已超过 1.23 万亿美元，超过一半的美国人因金钱问题而经常失眠。随着我们迈入 2026 年，经济压力不仅仅是对挣扎中的家庭的挤压。它正在几乎所有收入阶层中成为现实，根本改变了美国人对预算、消费和财务未来的看法。</p>
<h2><strong>持续通胀的压力</strong></h2>
<p>尽管通胀已从高峰期有所降温，但其对全国家庭预算的影响仍然存在。密歇根大学的消费者信心指数在 2025 年 12 月录得 52.9，创下数十年来的最低水平之一。尽管未来一年的通胀预期略微降低至 4.2%，低于 11 月的 4.5%，消费者仍面临着高昂的成本，压缩了他们的购买力。</p>
<p>医疗费用的增长尤其令人担忧。根据纽约联邦储备银行的数据，预计未来一年的医疗费用增长在 11 月达到了 10.1%，这是自 2014 年初以来的最高水平。同时，租金预期上升至 8.3%，给已经在许多情况下将超过三分之一收入用于住房的家庭带来了更大的压力。</p>
<p>心理负担超出了数字的范围。令人震惊的是，43% 的美国人表示金钱对他们的心理健康产生了负面影响，导致焦虑、失眠或抑郁。在那些报告因金钱而感到压力的人中，69% 将通胀和价格上涨视为主要原因，尽管总体通胀率已从高峰期下降。</p>
<h2><strong>债务陷阱加剧</strong></h2>
<p>或许在家庭债务不断增加的情况下，财务压力最为明显。2025 年第三季度，美国家庭总借款达到了 18.59 万亿美元，比前一季度增加了 1970 亿美元。仅信用卡余额就攀升至 1.23 万亿美元，这一令人担忧的迹象表明，消费者越来越依赖循环信用来弥补收入差距。</p>
<p>真正令人担忧的不仅是债务的数量，还有多少美国人难以偿还这些债务。学生贷款违约率飙升至 14.3%，是自 2000 年以来的最高水平，借款人在经历了疫情期间的暂停后，面临恢复还款的压力。一项调查发现，33% 的美国人目前的信用卡债务超过了储蓄，这一脆弱的状况几乎没有为财务紧急情况留出余地。</p>
<p>利率加剧了这一挑战。平均信用卡年利率约为 20%，消费者面临着近年来最昂贵的借贷环境。低收入家庭已经将超过 60% 的收入用于基本生活开支，尤其容易受到这一债务螺旋的影响。</p>
<h2><strong>日益扩大的差距</strong></h2>
<p>财务压力的图景揭示了经济学家所称的 K 型复苏，其中结果越来越依赖于收入和信用质量。越来越多的消费者要么属于超优质类别（信用评分超过 780），要么属于次优质类别（信用评分低于 600）。中间层正在逐渐消失。</p>
<p>即使是年收入超过 10 万美元的家庭也报告感到压力，近四分之一的人表示通胀已对他们的预算造成了压力。同时，根据不同的调查，24% 到 33% 的美国人表示根本没有应急储蓄。只有大约 46% 的成年人拥有足够的应急储蓄来覆盖三个月的开支。</p>
<p>劳动力市场增加了另一层不确定性。根据密歇根大学的调查，63% 的消费者预计失业率在未来一年将继续上升。最近几个月，错过最低债务还款的平均感知概率有所上升，显示出财务脆弱性加剧。</p>
<h2><strong>这对你的预算意味着什么</strong></h2>
<p>对于个别家庭来说，这些宏观趋势转化为日常消费和长期规划的艰难选择。关于多少美国人生活在薪水到薪水之间的估计差异很大。根据美国银行的严格定义，约 24% 的家庭在 2025 年符合这一类别。其他直接询问人们的调查显示这一比例高达 60% 到 70%，这表明财务压力的实际体验远远超出了最严格的定义。</p>
<p>行为变化已经开始显现。美国人越来越多地转向 “先买后付” 服务，甚至用于购买食品，四分之一的 BNPL 用户依赖分期付款购买食品，较一年前的 14% 有所上升。这代表了消费者管理基本生活必需品的方式发生了根本变化，而不仅仅是非必要消费。</p>
<p>信用获取预期恶化，越来越少的消费者预计未来借贷条件会变得更容易。这种收紧，加上高额债务负担，为希望利用信用进行重大购买或应急的人们创造了一个具有挑战性的环境。</p>
<h2><strong>为不确定的时期做好规划</strong></h2>
<p>金融专家强调在不确定时期建立韧性的重要性。应急储蓄仍然至关重要，但正是许多家庭所缺乏的。像零基预算这样的工具，可以帮助最大化有限的资源，每一美元都有其用途。</p>
<p>债务优先级比以往任何时候都更为重要。首先关注高利率的信用卡余额，探索余额转移选项，或以更低的利率整合贷款，可以减少加重财务压力的利息负担。对于那些在学生贷款方面挣扎的人，基于收入的还款计划可能提供缓解，尽管注册可能会面临挑战。</p>
<p>进入 2026 年的现实是，金融压力并不是暂时的或孤立的。这反映了围绕工资、成本和债务的结构性挑战，需要有意识的规划和自律来应对。理解这些更广泛的趋势有助于为个人财务决策提供背景，并强调了为什么现在建立财务缓冲比以往任何时候都更为重要。</p>
<p><strong><em>Benzinga 免责声明：本文来自一位未付费的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性的编辑。</em></strong></p>

<p>随着我们接近 2026 年，财务压力越来越多地影响到各个收入水平的美国人，消费者信心下降近 30%，信用卡债务超过 1.23 万亿美元。尽管通货膨胀略有缓和，但仍然继续对家庭预算造成压力，尤其是在医疗和住房成本方面。许多美国人报告称，金钱对他们的心理健康产生了负面影响，价格上涨是一个主要担忧。财务稳定的差距正在扩大，许多家庭面临债务困扰，越来越多的人缺乏应急储蓄。在这种环境下，谨慎的预算和规划对于应对不确定的时期变得尤为必要</p>

<p>The numbers paint a stark picture. Consumer sentiment has plummeted nearly 30% from where it stood a year ago, credit card debt has surged past $1.23 trillion, and more than half of Americans regularly lose sleep over money. As we move into 2026, financial pressure isn’t just squeezing struggling households anymore. It’s becoming reality across nearly every income bracket, fundamentally reshaping how Americans think about budgeting, spending, and their financial future.</p>
<div class="lb-trans"><p>这些数字描绘了一幅严峻的图景。消费者信心较一年前下降了近 30%，信用卡债务已超过 1.23 万亿美元，超过一半的美国人因金钱问题而经常失眠。随着我们迈入 2026 年，经济压力不仅仅是对挣扎中的家庭的挤压。它正在几乎所有收入阶层中成为现实，根本改变了美国人对预算、消费和财务未来的看法。</p>
</div><h2><strong>The Weight Of Persistent Inflation</strong></h2>
<div class="lb-trans"><h2><strong>持续通胀的压力</strong></h2>
</div><p>Inflation may have cooled from its peak, but the damage lingers in household budgets nationwide. The University of Michigan’s Consumer Sentiment Index registered 52.9 in December 2025, marking one of the lowest readings in decades. While inflation expectations have moderated slightly to 4.2% for the year ahead, down from November’s 4.5%, consumers continue facing elevated costs that strain their purchasing power.</p>
<div class="lb-trans"><p>尽管通胀已从高峰期有所降温，但其对全国家庭预算的影响仍然存在。密歇根大学的消费者信心指数在 2025 年 12 月录得 52.9，创下数十年来的最低水平之一。尽管未来一年的通胀预期略微降低至 4.2%，低于 11 月的 4.5%，消费者仍面临着高昂的成本，压缩了他们的购买力。</p>
</div><p>Medical care costs present a particularly acute concern. Expected year ahead growth in medical expenses reached 10.1% in November, according to the Federal Reserve Bank of New York. This is the highest level recorded since early 2014. Meanwhile, rent expectations climbed to 8.3%, adding pressure on households already dedicating more than a third of their income to housing in many cases.</p>
<div class="lb-trans"><p>医疗费用的增长尤其令人担忧。根据纽约联邦储备银行的数据，预计未来一年的医疗费用增长在 11 月达到了 10.1%，这是自 2014 年初以来的最高水平。同时，租金预期上升至 8.3%，给已经在许多情况下将超过三分之一收入用于住房的家庭带来了更大的压力。</p>
</div><p>The psychological toll extends beyond the numbers. A staggering 43% of Americans say money negatively affects their mental health, causing anxiety, sleeplessness, or depression. Among those reporting money related stress, 69% cite inflation and rising prices as a major cause, even though headline inflation rates have declined from their peaks.</p>
<div class="lb-trans"><p>心理负担超出了数字的范围。令人震惊的是，43% 的美国人表示金钱对他们的心理健康产生了负面影响，导致焦虑、失眠或抑郁。在那些报告因金钱而感到压力的人中，69% 将通胀和价格上涨视为主要原因，尽管总体通胀率已从高峰期下降。</p>
</div><h2><strong>The Debt Trap Tightens</strong></h2>
<div class="lb-trans"><h2><strong>债务陷阱加剧</strong></h2>
</div><p>Perhaps nowhere is financial stress more visible than in mounting household debt. Total U.S. household borrowing climbed to $18.59 trillion in the third quarter of 2025, increasing by $197 billion compared with the prior quarter.. Credit card balances alone climbed to $1.23 trillion, a concerning sign that consumers increasingly rely on revolving credit to bridge income gaps.</p>
<div class="lb-trans"><p>或许在家庭债务不断增加的情况下，财务压力最为明显。2025 年第三季度，美国家庭总借款达到了 18.59 万亿美元，比前一季度增加了 1970 亿美元。仅信用卡余额就攀升至 1.23 万亿美元，这一令人担忧的迹象表明，消费者越来越依赖循环信用来弥补收入差距。</p>
</div><p>The real concern lies not just in the volume of debt, but in how many Americans struggle to service it. Student loan delinquencies surged to 14.3%, the highest rate since 2000, as borrowers grappled with resumed payments after years of pandemic era pauses. One survey found that 33% of Americans currently carry more credit card debt than savings, a precarious position that leaves little room for financial emergencies.</p>
<div class="lb-trans"><p>真正令人担忧的不仅是债务的数量，还有多少美国人难以偿还这些债务。学生贷款违约率飙升至 14.3%，是自 2000 年以来的最高水平，借款人在经历了疫情期间的暂停后，面临恢复还款的压力。一项调查发现，33% 的美国人目前的信用卡债务超过了储蓄，这一脆弱的状况几乎没有为财务紧急情况留出余地。</p>
</div><p>Interest rates compound the challenge. With the average credit card charging approximately 20% annually on carried balances, consumers face one of the most expensive borrowing environments in recent memory. Lower income households, which already spend over 60% of their income on necessities, find themselves particularly vulnerable to this debt spiral.</p>
<div class="lb-trans"><p>利率加剧了这一挑战。平均信用卡年利率约为 20%，消费者面临着近年来最昂贵的借贷环境。低收入家庭已经将超过 60% 的收入用于基本生活开支，尤其容易受到这一债务螺旋的影响。</p>
</div><h2><strong>A Growing Divide</strong></h2>
<div class="lb-trans"><h2><strong>日益扩大的差距</strong></h2>
</div><p>The financial stress picture reveals something economists call a K shaped recovery, where outcomes increasingly diverge based on income and credit quality. More consumers now fall into either the superprime category, with credit scores above 780, or the subprime category below 600. The middle is hollowing out.</p>
<div class="lb-trans"><p>财务压力的图景揭示了经济学家所称的 K 型复苏，其中结果越来越依赖于收入和信用质量。越来越多的消费者要么属于超优质类别（信用评分超过 780），要么属于次优质类别（信用评分低于 600）。中间层正在逐渐消失。</p>
</div><p>Even households earning over $100,000 annually report feeling the squeeze, with nearly one in four saying inflation has strained their budget. Meanwhile, somewhere between 24% and 33% of Americans report having no emergency savings whatsoever, depending on which survey you consult. Only about 46% of adults have enough emergency savings to cover three months of expenses.</p>
<div class="lb-trans"><p>即使是年收入超过 10 万美元的家庭也报告感到压力，近四分之一的人表示通胀已对他们的预算造成了压力。同时，根据不同的调查，24% 到 33% 的美国人表示根本没有应急储蓄。只有大约 46% 的成年人拥有足够的应急储蓄来覆盖三个月的开支。</p>
</div><p>The labor market adds another layer of uncertainty. A solid majority of 63% of consumers expects unemployment to continue rising during the next year, according to the University of Michigan survey. The mean perceived probability of missing a minimum debt payment over the next three months increased in recent months, signaling growing financial fragility.</p>
<div class="lb-trans"><p>劳动力市场增加了另一层不确定性。根据密歇根大学的调查，63% 的消费者预计失业率在未来一年将继续上升。最近几个月，错过最低债务还款的平均感知概率有所上升，显示出财务脆弱性加剧。</p>
</div><h2><strong>What It Means For Your Budget</strong></h2>
<div class="lb-trans"><h2><strong>这对你的预算意味着什么</strong></h2>
</div><p>For individual households, these macro trends translate into hard choices about daily spending and long term planning. Estimates on how many Americans live paycheck to paycheck vary widely. By one strict definition that looks at necessity spending versus income, Bank of America found roughly 24% of households fit this category in 2025. Other surveys asking people directly report figures as high as 60% to 70%, suggesting the lived experience of financial stress extends far beyond the strictest definitions.</p>
<div class="lb-trans"><p>对于个别家庭来说，这些宏观趋势转化为日常消费和长期规划的艰难选择。关于多少美国人生活在薪水到薪水之间的估计差异很大。根据美国银行的严格定义，约 24% 的家庭在 2025 年符合这一类别。其他直接询问人们的调查显示这一比例高达 60% 到 70%，这表明财务压力的实际体验远远超出了最严格的定义。</p>
</div><p>Behavioral shifts are already emerging. Americans increasingly turn to Buy Now, Pay Later services even for groceries, with one in four BNPL users relying on installment plans for food purchases, up from 14% a year earlier. This represents a fundamental change in how consumers manage basic necessities, not discretionary purchases.</p>
<div class="lb-trans"><p>行为变化已经开始显现。美国人越来越多地转向 “先买后付” 服务，甚至用于购买食品，四分之一的 BNPL 用户依赖分期付款购买食品，较一年前的 14% 有所上升。这代表了消费者管理基本生活必需品的方式发生了根本变化，而不仅仅是非必要消费。</p>
</div><p>Credit access expectations have deteriorated, with fewer consumers anticipating easier borrowing conditions ahead. This tightening, combined with elevated debt loads, creates a challenging environment for those hoping to leverage credit for major purchases or emergencies.</p>
<div class="lb-trans"><p>信用获取预期恶化，越来越少的消费者预计未来借贷条件会变得更容易。这种收紧，加上高额债务负担，为希望利用信用进行重大购买或应急的人们创造了一个具有挑战性的环境。</p>
</div><h2><strong>Planning For Uncertain Times</strong></h2>
<div class="lb-trans"><h2><strong>为不确定的时期做好规划</strong></h2>
</div><p>Financial experts emphasize the importance of building resilience in uncertain times. Emergency savings remain critical, yet they’re precisely what many households lack. Tools like zero based budgeting, where every dollar gets assigned a purpose, can help maximize limited resources.</p>
<div class="lb-trans"><p>金融专家强调在不确定时期建立韧性的重要性。应急储蓄仍然至关重要，但正是许多家庭所缺乏的。像零基预算这样的工具，可以帮助最大化有限的资源，每一美元都有其用途。</p>
</div><p>Debt prioritization matters more than ever. Focusing on high interest credit card balances first, exploring balance transfer options, or consolidating loans at lower rates can reduce the interest burden that compounds financial stress. For those struggling with student loans, income driven repayment plans may offer relief, though enrollment can present challenges.</p>
<div class="lb-trans"><p>债务优先级比以往任何时候都更为重要。首先关注高利率的信用卡余额，探索余额转移选项，或以更低的利率整合贷款，可以减少加重财务压力的利息负担。对于那些在学生贷款方面挣扎的人，基于收入的还款计划可能提供缓解，尽管注册可能会面临挑战。</p>
</div><p>The reality heading into 2026 is that financial stress isn’t temporary or isolated. It reflects structural challenges around wages, costs, and debt that will require deliberate planning and discipline to navigate. Understanding these broader trends helps contextualize personal financial decisions and underscores why building financial buffers matters now more than ever.</p>
<div class="lb-trans"><p>进入 2026 年的现实是，金融压力并不是暂时的或孤立的。这反映了围绕工资、成本和债务的结构性挑战，需要有意识的规划和自律来应对。理解这些更广泛的趋势有助于为个人财务决策提供背景，并强调了为什么现在建立财务缓冲比以往任何时候都更为重要。</p>
</div><p><strong><em>Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.</em></strong></p>
<div class="lb-trans"><p><strong><em>Benzinga 免责声明：本文来自一位未付费的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性的编辑。</em></strong></p>
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为什么金融压力将成为迈向 2026 年的一个关键主题