Time is money. Lots and lots of money. A recent survey asked more than 2,000 Americans the precise dollar amount they feel an hour of their time is worth — and it rivals executive salaries. The nation’s average response was $240 an hour, according to the financial planning firm Empower. That comes out to a … Read more
For Katrin Kaurov, 28, and Aleksandra Medina, 26, striking a pose on the runway has been replaced by running a fintech venture. Called Frich, the free app launched in New York City in 2021 and is designed to bridge the gap between financial institutions and Gen Zers. It gives young users anonymous peer insights, revealing … Read more
Americans certainly have a good idea of how much they’ll need to retire one day — they just don’t have the same savings in the bank yet. A recent study showed many Americans believe they should have about $1.46 million stashed away to retire comfortably. However, here’s the reality: most Americans, on average, have less … Read more
Almost nine in 10 Americans believe that karma is real. That’s according to a survey of 2,000 U.S. adults which revealed that 84% buy into the idea that what goes around comes around. Perhaps inspired by that notion, another 84% say they will go out of their way to “pay it forward” whenever possible. That’s … Read more
Coming of age amid inflation and the sky-high cost of college, many members of Gen Z say they’re struggling to make ends meet. Others have been derided on TikTok for “doom spending” — splashing whatever money they have on spontaneous trips and treats with no thought for the future. However, new research has revealed that … Read more
Social media trends, specifically on TikTok, can cover a wide range of topics, from new food recipes to viral dances and much more. One trend, however, is rawer than most as creators are sharing very transparently how they divvy up their paychecks each week. Videos with the keywords “payday routine” on TikTok are virtually endless and millennials … Read more
This financial plan may no longer make cents. Sen. Elizabeth Warren’s 50/30/20 method was once touted as a gold standard for budgeting, fortifying followers for a strong financial future while still allowing them to enjoy their day-to-day lives. Under the system — popularized by the Massachusetts Democrat and her daughter, Amelia Warren Tyagi, in their … Read more
Millennial women are about to control more money than ever — and they’re betting on each other. Researchers at financial organization Ellevest surveyed 2,041 women aged 18 to 69 with a salary higher than $150,000 or a net with of $750,000 or more to determine how an expected great wealth transfer will impact and be … Read more
While TikTok continues to make its mark on the younger generations, healthy credit is still at the top of their minds. A survey of 500 Gen Z and 500 millennials revealed that nine in 10 millennials would rather have an “excellent” credit score than 50,000 followers on TikTok, according to new research. Even the internet-enamored … Read more
DEAR ABBY: My husband and I have been married three years, and we generally trade off spending holidays with each of our families. Because neither set of our parents is willing to travel to us, we go to them. My mother-in-law takes great pride in hosting and sets a beautiful table. She’ll spend an entire … Read more
Time is money — Americans believe the average day is worth $134, according to new research. A survey of 2,000 U.S. adults revealed that, aside from their job, Americans think that they do $134 of work when factoring in cleaning (64%), cooking (55%) and driving (41%). Though the average respondent spends $35 on any given day, … Read more
Having a savings account is sexy, according to new research. According to a new survey of 2,000 US adults in serious relationships, engaged or married, having a savings account (40%), not having any debt (38%), having a five-year plan (29%) and having life insurance (23%) are all attractive traits in a partner. While spontaneity is … Read more
Four in 10 small business owners believe 2024 will be a “make or break” year for their business, according to new research. The survey of 2,000 small business owners — half of whom work in tech or retail — revealed that 40% think this next year will be pivotal for their business. Respondents listed the … Read more
New York Post may receive revenue from affiliate and advertising partnerships for sharing this content and/or when you make a purchase. As the saying goes, new year, new you… right? We’re one month into 2024, so even if you are one of the 68% of people who likely already ditched their resolutions, the year is … Read more
Six figures isn’t what it used to be. One West Coast couple — earning $100,000 apiece — raised eyebrows after revealing that they found themselves struggling to pay their bills in today’s inflated economy, forcing them to ditch little luxuries like pricey gym memberships, vacations to Europe and trips to local restaurants. Natalie Fischer, 25 … Read more
DEAR ABBY: I grew up with very strict parents. They used money to control me, even after I graduated from college and grad school. I’m happy to report that I recently landed my dream job. I have achieved financial freedom and, at last, I’m independent. My question is, how do I avoid going wild? I’m … Read more
Searching for the American Dream? Be prepared to fork over nightmarish sums. A former Goldman Sachs analyst says his family of four need to earn more than $230,000 per year in order to live comfortably in California’s San Francisco Bay Area. Sam Dogen, now 46, hit headlines in 2012 after retiring at the age of … Read more
Poor things! More than half of adults 18 to 34 years old rely on some sort of allowance from their parents, according to a study released Thursday by the Pew Research Center. Gen Zers 18 to 24 are most likely to depend on their parents for financial support. In fact, more than half of this … Read more
Young adults are more likely to admit they are “obsessed” with chasing after the high life, according to a new survey by Credit Karma and Intuit. The survey conducted by Qualtrics on behalf of Intuit Credit Karma in December 2023, found 44% of Generation Z and 46% of Millennials say they are “obsessed with the idea of being … Read more
Here’s how to make 2024 the year of the money bags. The majority of Americans planned financial resolutions for the new year with the top three being to save more money (41%), pay down debt (38%) and spend less (30%), according to Fidelity’s 2024 Financial Resolutions survey. This comes as Gen Z and millennials are losing … Read more