As a result of the COVID-19 pandemic, French consumers are cutting down spending on nonessential items and relying on their credit cards and social security or pensions; few are planning ahead by optimizing their investments and insurance coverage. French online adults ages 25 to 44, people with dependent children, and those who have been permanently laid off are the most anxious about their financial situation amid COVID-19 economic challenges. Many French consumers have seen a reduction in their earnings due to COVID-19, forcing them to reduce consumption, postpone big purchases, and delay important life events — all of which will impact banks’ profits going forward.