{"id":118994,"date":"2026-10-18T12:03:29","date_gmt":"2026-10-18T16:03:29","guid":{"rendered":"https:\/\/bgodinspired.com\/?p=118994"},"modified":"2026-10-18T12:03:38","modified_gmt":"2026-10-18T16:03:38","slug":"income-uncertainty-record","status":"publish","type":"post","link":"https:\/\/bgodinspired.com\/index.php\/bgodinspired-news\/bgodinspired-business-news\/income-uncertainty-record\/","title":{"rendered":"Income Uncertainty Hits a Record: 37% Can&#8217;t See Next Year"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>8 Minute, 26 Second                <\/div>\n\n            <\/div><p>Here is a simple question. Do you have a good idea what your income will be over the next year?<\/p>\n\n<p>If you hesitated, you are in large company. In the US Federal Reserve&#8217;s newest big survey of family money, 37% of families said no. They did not have a good idea what next year would bring in.<\/p>\n\n<p>That is the highest share the survey has ever recorded. It has gone up every time the question was asked since 2019. Income uncertainty is now a normal part of life for more than a third of households in one of the richest countries on earth.<\/p>\n\n<p>And the strangest part of the report is not the 37%. It is what was sitting right next to it.<\/p>\n\n<h2>What the 37% Income Uncertainty Number Actually Measures<\/h2>\n\n<p>The number comes from the Survey of Consumer Finances. The Federal Reserve runs it every three years and asks families detailed questions about what they earn, own and owe. The newest results, from the 2025 survey, were published in October 2026 in a report called <a href=\"https:\/\/www.federalreserve.gov\/publications\/files\/scf26.pdf\" target=\"_blank\" rel=\"noopener\">Changes in U.S. Family Finances from 2022 to 2025<\/a>.<\/p>\n\n<p>Most of the report is about money already earned. But one question looks forward. It asks whether a family has a good idea of its income for the next year. The Fed says it uses that question &#8220;as a way to measure families&#8217; uncertainty over their future income.&#8221;<\/p>\n\n<p>So the 37% is not a measure of who is poor. It is not a measure of who lost a job. It is a measure of something softer and harder at the same time: <strong>how many people can no longer see ahead.<\/strong><\/p>\n\n<p>It is an American survey. But the feeling it measures is not American. Short contracts, gig work, shifting prices and jobs that change shape every few months are true in Lagos, Manila and Nairobi too. If you are reading this from anywhere, the question probably still lands.<\/p>\n\n<div class=\"convertkit-form wp-block-convertkit-form\" style=\"\"><script async data-uid=\"6491fb8269\" src=\"https:\/\/bgodinspired.kit.com\/6491fb8269\/index.js\" data-jetpack-boost=\"ignore\" data-no-defer=\"1\" data-no-optimize=\"1\" nowprocket><\/script><\/div>\n\n\n<h2>The Strange Part: Incomes Went Up<\/h2>\n\n<p>Here is what the headlines mostly skipped.<\/p>\n\n<p>On the very same page of the report, the Fed looked at whether this year&#8217;s income was unusual. Was it much higher or lower than a normal year for that family? In 2022, 28% of families said yes. In 2025, that fell to 23%, back to where it was before the pandemic.<\/p>\n\n<p>And the typical family&#8217;s income, after inflation, rose about 7% over those three years.<\/p>\n\n<p>Put those side by side. Fewer families said this year was strange. The typical family earned a bit more. And yet more families than ever said they could not see next year.<\/p>\n\n<p>That tells you something important. <strong>The uncertainty is not only about how much money people have. It is about how much they trust tomorrow.<\/strong> The ground under many households feels less solid, even where the numbers on paper look a little better.<\/p>\n\n<p>That does not mean everyone is fine. The same report found more families under real strain. The share spending more than 40% of their income on debt payments rose from 6.5% to 8.6%. For some of the 37%, the fog is a warning light, and it should be taken seriously.<\/p>\n\n<p>But for many others, something else may be going on. They are not worse off. They have simply stopped pretending they know.<\/p>\n\n<h2>Why Not Knowing Feels Worse Than Bad News<\/h2>\n\n<p>If you are in the 37%, you may have noticed that the not-knowing is its own kind of tired. It is not one big worry. It is a low hum under everything.<\/p>\n\n<p>That is not weakness. Researchers have found that uncertainty can stress the body more than bad news you are sure of. We wrote about that study and what it means in <a href=\"https:\/\/bgodinspired.com\/index.php\/real-life\/why-is-waiting-so-hard\/\">why waiting is so hard<\/a>. A clear bad answer lets you make a plan. An open question keeps your mind on watch.<\/p>\n\n<p>That is why a lot of money advice misses. It treats the problem as a forecasting problem. Track harder. Predict better. Build a tighter spreadsheet. If you only had the right number, you would feel calm.<\/p>\n\n<p>But the people in this survey are not bad at forecasting. Many of them are being honest about a world that changes faster than any forecast. A job market that adds very few jobs in a month, as we saw in <a href=\"https:\/\/bgodinspired.com\/index.php\/personal-growth-and-life-skills\/why-is-no-one-hiring\/\">the hiring slowdown<\/a>, does not care how good your spreadsheet is.<\/p>\n\n<p>If the hum has turned into something heavier, it can help to name it. Our free <a href=\"https:\/\/bgodinspired.com\/index.php\/how-anxious-am-i\/\">How Anxious Am I?<\/a> check takes a few minutes and is private.<\/p>\n\n<h2>How to Plan When You Can&#8217;t See Next Year<\/h2>\n\n<p>You do not need a perfect forecast to plan. You need a plan that still works when the forecast is wrong. None of these steps cost money.<\/p>\n\n<ul>\n<li><strong>Plan in a range, not a number.<\/strong> Write down a &#8220;lean month&#8221; and a &#8220;normal month.&#8221; Base your must-pay bills on the lean one. Anything extra in a good month is a bonus, not a promise.<\/li>\n<li><strong>Shorten the horizon.<\/strong> Plan the next 30 days in detail. Plan the next three months loosely. Leave next year as a sketch. You can see the near road much better than the far one.<\/li>\n<li><strong>Decide your first cuts now, while you are calm.<\/strong> Make a short list of what you would pause first if money got tight. Choices made in advance are kinder than choices made in a panic.<\/li>\n<li><strong>Write down what you do know.<\/strong> Your skills. The people who would help you. The bills that are fixed. Uncertainty grows in the dark. A short list of solid things shrinks it.<\/li>\n<li><strong>Say it out loud to one person.<\/strong> A partner, a friend, a parent. Not knowing is lighter when two people carry it.<\/li>\n<\/ul>\n\n<h2>The Oldest Answer to a One-Year Forecast<\/h2>\n\n<p>There is an old letter, nearly two thousand years old, that speaks to almost exactly this moment. It was written to traders who were sure of their next year. Today or tomorrow, they said, we will go to that city, stay a year, buy and sell, and make a profit.<\/p>\n\n<p>What is surprising is what the letter does not say. It does not tell them to plan better. It does not tell them to stop planning. It simply points out that they never knew what tomorrow held. Nobody ever did. Then it offers a different way to hold the plan: if God wills, we will live and do this or that.<\/p>\n\n<p>Seen that way, the 37% are not the first people to lose sight of next year. They might be among the first in a long time to admit what was always true. The plan still matters. It just was never the thing holding us up.<\/p>\n\n<p>That is not a promise that next year&#8217;s income will be fine. It is something quieter. It is permission to stop carrying a weight you were never built to carry: the job of knowing the future.<\/p>\n\n<p>So make the lean-month plan. Write the short list. Then put the pencil down, close the notebook, and let tomorrow be tomorrow.<\/p>\n\n<p><strong>A good place to start:<\/strong><br>\n<em>The Beginner&#8217;s Guide to Feeling God&#8217;s Presence Every Day.<\/em> A short free video guide and companion PDF for finding steady ground in ordinary days, including the uncertain ones.<br>\n<a href=\"https:\/\/bgodinspired.com\/index.php\/free-video-course-feeling-gods-presence\/?utm_source=wordpress&amp;utm_medium=article-inline&amp;utm_content=hero\">Get the free guide<\/a><br>\nFree.<\/p>\n\n<h2>Questions People Ask About Income Uncertainty<\/h2>\n\n<h3>What percentage of families don&#8217;t know what their income will be next year?<\/h3>\n<p>In the US Federal Reserve&#8217;s 2025 Survey of Consumer Finances, published in October 2026, 37% of families said they did not have a good idea of what their income would be over the next year. That is the highest share the survey has recorded, and it has risen in every survey since 2019.<\/p>\n\n<h3>Why is income uncertainty rising if incomes went up?<\/h3>\n<p>In the Federal Reserve&#8217;s 2025 survey, the typical family&#8217;s inflation-adjusted income rose about 7% from 2022, and fewer families said their current income was unusual. Yet more families said they could not predict next year&#8217;s income. That suggests income uncertainty is about confidence in the future, such as job security and changing prices, not only about current earnings. Some families are also under real debt strain, so the cause differs from household to household.<\/p>\n\n<h3>How do you make a budget when your income is uncertain?<\/h3>\n<p>A budget for an uncertain income works best in ranges. Work out a &#8220;lean month&#8221; and a &#8220;normal month,&#8221; and base essential bills on the lean month. Plan the next 30 days in detail and further months more loosely. Decide in advance which spending you would pause first if money got tight, so the decision is made calmly rather than in a crisis.<\/p>\n\n<h3>Is it normal to feel anxious about not knowing next year&#8217;s income?<\/h3>\n<p>Yes. Research on uncertainty has found that not knowing an outcome can be more stressful than knowing a bad one, because the mind stays on alert. Feeling uneasy about an unpredictable income is a common human response, not a personal failure. Talking about it with someone you trust and making a simple plan for a lean month can both reduce the feeling.<\/p>\n\n<h2>Let&#8217;s Talk<\/h2>\n\n<p>Is it more honest to say &#8220;I don&#8217;t know what next year looks like,&#8221; or does saying it out loud make the worry worse? We would love to hear what you think. Tell us in the comments below.<\/p>\n\n<div class=\"convertkit-form wp-block-convertkit-form\" style=\"\"><script async data-uid=\"6491fb8269\" src=\"https:\/\/bgodinspired.kit.com\/6491fb8269\/index.js\" data-jetpack-boost=\"ignore\" data-no-defer=\"1\" data-no-optimize=\"1\" nowprocket><\/script><\/div>\n\n\n<h2>Share This<\/h2>\n\n<p>&#8220;37% of families just told the Federal Reserve they have no idea what next year&#8217;s income will be. A record. The strange part? Typical incomes actually went up. https:\/\/bgodinspired.com\/index.php\/bgodinspired-news\/bgodinspired-business-news\/income-uncertainty-record\/&#8221;<\/p>\n\n<p>&#8220;I always thought I was bad at planning. Turns out more than a third of families can&#8217;t see next year either. This changed how I&#8217;m thinking about my budget: plan for the lean month, not the perfect one. https:\/\/bgodinspired.com\/index.php\/bgodinspired-news\/bgodinspired-business-news\/income-uncertainty-record\/&#8221;<\/p>\n\n<p>&#8220;Maybe not knowing next year isn&#8217;t a failure. 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