Yikes! 1 in 5 New Jerseyans turn to booze before big decisions

We have plenty of reasons to be stressed in New Jersey, and finances are definitely one of the bigger issues.

Yeah, I’m looking at you, tolls and property taxes.

A recent survey was put out by Card Rates that highlighted the number of New Jerseyans who turn to alcohol when making some of their bigger financial decisions.

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In order to get the numbers for each state, Card Rates polled 3,000 people about their habits when considering how they were going to handle their money.

According to the study, 20% of us in the Garden State admit to turning to booze when faced with major monetary decisions, which is slightly better than the national average of 21%.

Olga Ihnatsyeva

The survey went into which financial decisions most commonly lead to alcohol consumption:

💸 Filing for bankruptcy: 32%
💸 Taking out a loan (personal, auto, mortgage, etc.): 15%
💸 Dealing with credit card debt: 13%
💸 Retirement planning: 11%
💸 Divorce: 10%
💸 Changing jobs/careers: 8%
💸 Making a large purchase (home, car, etc.): 6%
💸 Investing a large sum of money: 5%

Kristen Prahl

Some of the takeaways from the study include:

About 50% of respondents said the reason for drinking while making these choices was to reduce stress levels.

However, with hindsight, 41% regretted making some financial decisions while inebriated.

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While nearly two-thirds of New Jerseyans acknowledged that being buzzed impairs their ability to make sound financial decisions, 18% of respondents said it helped.

You can read Card Rates entire study here.

In case you need some inspiration for your next financial decision, here are the best beers in every state. Maybe you can get a six pack of Jersey’s brew.

LOOK: Best Beers From Every State

To find the best beer in each state and Washington D.C., Stacker analyzed January 2020 data from BeerAdvocate, a website that gathers user scores for beer in real-time. BeerAdvocate makes its determinations by compiling consumer ratings for all 50 states and Washington D.C. and applying a weighted rank to each. The weighted rank pulls the beer toward the list's average based on the number of ratings it has and aims to allow lesser-known beers to increase in rank. Only beers with at least 10 rankings to be considered; we took it a step further to only include beers with at least 100 user rankings in our gallery. Keep reading to find out what the best beer is in each of the 50 states and Washington D.C.

Gallery Credit: Angela Underwood

What Are the Signature Drinks From Every State?

LOOK: How Many of These Discontinued Millennial Munchies Do You Remember?

You'll have better luck paying off your student loans than finding these discontinued snacks in stores.

Gallery Credit: Meg Dowdy

The post above reflects the thoughts and observations of New Jersey 101.5's Kylie Moore. Any opinions expressed are Kylie's own. You can follow Kylie on Instagram.
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