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#Americans are considering moving to less populated areas to avoid coronavirus

#Americans are considering moving to less populated areas to avoid coronavirus

June 22, 2020 | 3:08pm

Six in 10 Americans would consider moving to a less populated area in order to better protect themselves against the second wave of COVID-19 or another pandemic.

The study of 2,000 Americans examined the long-term impact COVID-19 will have and the extreme lengths Americans are contemplating to protect themselves from this novel virus.

And considering a move is just one of the steps Americans are taking — the survey found COVID-19 has also changed respondents’ financial plans.

SWNS

Results found 71 percent said the pandemic has caused them to seriously reconsider how they should be financially planning for their futures and 59 percent said the virus has completely derailed those dreams.

Among the most common things respondents named as now-vital financial goals were becoming debt-free (41 percent), moving out of the city (31 percent), getting a car (31 percent) and buying a house (31 percent).

The survey, conducted by OnePoll on behalf of Self Financial, revealed two-thirds have reconsidered their perspective on emergency funds.

The average person is now aiming to have a “just in case” fund of over $4,300 set aside going forward.

In the meantime, 52 percent of respondents are relying more on their credit cards to make ends meet and 54 percent are worried they’ll max out their credit cards during the pandemic.

Finances aren’t the only aspect of life Americans worry will be forever altered. Nearly three in four (73 percent) are concerned society will never be social the way it was pre-COVID-19.

As many states begin to relax social distance requirements, respondents confessed there are some locations they will continue to be wary of.

Over half (52 percent) will be cautious on public transportation and 49 percent will be cagey about entering a movie theater.

Forty-seven percent said bars and restaurants will still give them pause while four in 10 will continue to be nervous in grocery stores.

The workplace will be another venue facing a new reality. Of those polled, 41 percent of respondents are working from home, while 10 percent were laid off and 14 percent were furloughed due to the pandemic.

One in five of those planning on returning to work commute using public transportation or rideshare services, but many feel afraid to return.

Of those who commute with others, four in five said they have considered getting a car in order to have a safer and socially distanced commute.

Respondents who will be physically returning to the workforce named some requirements they’ll need to feel safe upon their return. Those included requiring masks (54 percent), having hand sanitizer readily available and socially distanced seating arrangements (45 percent).

Over a third were in favor of staggered arrival and departure times for employees as well.

“The data shows what many already suspected — how the world after COVID will be. Employers and businesses will need to adapt their benefits and protections if they want to retain high-quality employees and customers,” said a spokesperson for Self Financial.

“One potentially compelling benefit, based on the results of this survey? Finding ways to help people shore up their financial security.”

Seven in 10 made drastic cutbacks to their spending when they first entered quarantine for COVID-19.

Of those who made seriously decreased spending decisions, 85 percent planning to continue to pinch pennies after the pandemic.

The most common sectors people plan on maintaining a smaller spending habit were ordering food for pickup or delivery (36 percent), clothes, shoes and accessories (36 percent) and entertainment (34 percent).

“The pandemic is forcing people to evaluate their financial plans and put more money towards preparing for emergencies,” added the spokesperson for Self Financial.

“The first step towards making smarter money moves is to look carefully at every dollar you spend and make sure it goes towards things you need and value. If not, redirect your less thoughtful spending towards things that truly matter, such as securing your financial future.”

Requirements to feel safe returning to work

  • Masks required: 54 percent
  • Hand sanitizer readily available: 47 percent
  • Distanced seating arrangements: 45 percent
  • Staggered arrival/departure times: 37 percent
  • No shared utilities: 30 percent
  • Only coming in a few days a week: 23 percent
  • Comfortable going to work, but prefer working from home: 7 percent
  • Nothing would make me feel safe, I prefer to work from home: 4 percent

Locations to be wary of as restrictions lift

  • Public transportation: 52 percent
  • Movie theaters: 49 percent
  • Bars and restaurants: 47 percent
  • Personal care establishments: 40 percent
  • Grocery stores: 36 percent
  • Parks and public spaces: 32 percent
  • Pharmacies: 25 percent
  • My place of work: 23 percent

Sectors respondents plan to keep spending low in post COVID-19

  • Ordering food delivery/pickup: 36 percent
  • Clothing, shoes and accessories: 36 percent
  • Entertainment: 34 percent
  • Travel: 29 percent
  • Personal care, skincare and makeup: 22 percent
  • Spa, salons and barbers: 21 percent
  • Jewelry: 21 percent
  • Furniture: 20 percent
  • Utilities: 19 percent
  • Public transportation: 19 percent
  • Appliances: 18 percent
  • Gasoline: 18 percent
  • Household supplies: 17 percent
  • Health and fitness: 16 percent
  • Vehicle care: 15 percent

Source

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