A new study from WSFS Bank and OnePoll found many Americans fear they will never be able to be reach their financial goals. (Photo by Mathieu Stern on Unsplash)Four in 10 (40%) Americans under the age of 40 aren’t optimistic that they’ll succeed in their financial goals one day, new research suggests.A recent study asked 2,000 people between the ages of 18–40 to describe their financial fears and goals, as well as how their experiences have been informed by previous generations.Of those polled, 43% said they frequently have trouble paying everyday living expenses, with 19% saying it happens to them “constantly.”According to the survey, which was conducted by OnePoll on behalf of WSFS Bank, many common monetary ambitions still feel out of reach for the nation’s Gen Z and millennial populations.Topping the list of most “impossible-seeming” goals: saving for emergency funds (39%), saving for retirement (38%), buying a home (37%), and building good credit (36%).When it comes to financial setbacks, respondents were most worried about losing a job or taking a pay cut (48%), making bad financial decisions (40%), and needing to file for bankruptcy (39%).In fact, 58% said they actively avoid thinking about or navigating their finances out of fear that “they’ll mess it up.”Six in 10 (59%), for example, are still “terrified” by the idea of having to apply for mortgages.“While overspending is often the first thing that pops into consumers’ minds when they think of financial troubles, financial stagnation has played just as large a role in recent years,” said Vernita Dorsey, SVP and Director of Community Strategy at WSFS Bank.“It’s never too late for any generation to prioritize money management to build financial stability and wealth for yourself and future generations. There is an abundance of educational content online to help build your financial confidence.”Despite these…