Most Americans Are Losing Sleep Over Money Concerns

Even with a relatively stable U.S. economy, most Americans are losing sleep over their finances — a mere 4% less than in 2009 during the Great Recession.

A new report by CreditCards.com shows money is keeping 65% of Americans awake at night, with health care or insurance costs beating retirement savings as the primary source of anxiety for the first time in a decade. That number is up 3 percentage points since 2015, according to CreditCards.com.

The survey found 38% of respondents said that healthcare and insurance bills are making them restless at night — followed by saving for retirement, which has been the number one source of economic-induced insomnia since 2007. Stress about healthcare costs have risen 9% in the past year, amidst the Republican Party's promises to repeal and replace the Affordable Care Act, an effort that didn't make it to a House vote earlier this year.

Pollsters surveyed 1,000 people over the phone between April 6 and 9.

High tuitions and student loans are also a major source of stress with 34% of respondents losing sleep over educational costs.

“People lose sleep when things feel out of control,” Matt Schulz, Creditcards.com senior industry analyst, in a statement. “Take back some of that control by taking action. Even small moves like making a budget, selling something of value or trimming expenses can make you feel empowered and help you sleep more peacefully at night.”