While there's no indication that religious involvement affects people's ability to manage money, religion does provide direction to Americans when they manage their money. Americans pray before making major financial decisions, according to the survey by Yankelovich Partners.
Most religions have something to say about money.
In fact, the Bible contains more references to money and material possessions than any other topic. The survey found few differences in money management habits between people who participate in religious activities and those who do not. The survey measured involvement in religious activities by asking how often people pray, attend worship services and participate in religious activities, such as meetings or social gatherings at religious organizations. The survey also asked whether people have been involved in various financial activities in the past five years. Americans have been in debt to the point that it threatened their financial well-being.