Key Takeaways About 63% of Americans in a new survey said they have abandoned at least one long-term financial goal like homeownership or having children. Younger Americans were more likely to say they've given up on a goal, while more than half of the respondents said they are budgeting or cutting spending to cope with higher costs. Many Americans are tightening their belts these days—whether that means sticking to strict budgets or cutting back on everyday spending. Gen Z had the biggest negative outlook, with 76% responding that they've given up on a financial goal. Those younger groups were also more likely to say they have given up on owning a home or having children.