Intuition Guides Life Decisions for Many Americans
Gut feelings, prayers and "pure vibes" are influencing Americans' major decisions, according to a new study. The poll of 2,000 U.S. adults found seven in 10 base their big decisions on some sort of factor, ranging from their intuitions (36%), prayers (29%) and general vibes (19%).
Two in five Gen Z (22%) based these choices on social media posts and a similar number of millennials (17%) said it was due to cosmic signs from the universe.
Respondents said following these holistic signs have helped them choose new jobs (32%), decide where to move (26%) and when to end a relationship (26%). Others’ decisions range from when to quit an old job (24%), when to get a pet (21%) or even what to invest their money in (20%).
Almost one-third of baby boomers (31%) purchased a home based on these signs, while 23% of Gen Z have chosen a focus or major in further education and 17% of millennials have started a business.
And 71% of all respondents said they have "zero" regrets about their decisions as a result.
"Leading with your head, but informed by your heart, is a great way to make solid financial choices. But if you’re already consulting up to seven people when making a big decision, why not make sure one of them is a financial professional?” says Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors. “The bottom line is that your financial well-being can enhance all your other decision-making.”
Results found more than half (56%) subscribe to the idea of "spending money while they're alive" rather than saving for future generations (34%). That line of thinking, it seems, includes end-of-life financial planning.
Almost half (46%) said they don’t feel prepared for end-of-life planning, and nearly the same amount (48%) don’t feel financially prepared for the latter half of their life either.
"People may not know that life insurance is an easy and affordable way to get this planning started. But don’t wait, because the best time to get it is when you are young and healthy. It can be more complicated if you have a health scare or diagnosis,” says Brian Steiner, Executive Director of the educational nonprofit Life Happens, a NAIFA community. “And if a ‘cosmic nudge’ is helpful, then consider this your sign from the universe to get the life insurance coverage you need.”
Choosing a job - 32%
Deciding where to move - 26%
Deciding to end a relationship - 26%
Deciding to quit a job or switch careers - 24%
Getting a pet - 21%
What to invest money in - 20%