Following a 12-year period of sustained improvements in many of the key areas of financial capability included in the National Financial Capability Study—from the Great Recession of 2009 through the COVID-19 pandemic—the latest findings reveal an overall pattern of decline in U.S. adults’ ability to make ends meet and save for emergencies. While the comprehensive study shows no signs of overall declines in income, the findings show that increased costs have put more households under strain than in previous waves of the study.