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
At a time when the weekly grocery shop is costing some Aussie households triple figures, an expert has revealed the methods supermarkets employ to encourage consumers to spend more. According to comparison site Finder’s consumer sentiment tracker, families are spending on average between $78 and $210 when they head to the grocery store. While this … Read more
DEAR ABBY: My son, who is in his senior year of high school, is dating a beautiful, sweet girl I’ll call “Amanda.” I’m very fond of her. This is an exciting year for them both because soon she will be shopping for her graduation gown. Amanda told me her mom has said she will have … Read more
Even six-year-olds have rent anxiety now. Three elementary school-aged kids are learning how to manage money early on in life — all thanks to their millennial mom, who charges them a pint-sized share of the household living expenses. Some experts say she’s got the right idea. Samantha Bird’s children — ages 6, 8 and 9 — … 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
Save these tips. A British woman says she’s saving more than $600 a month by cutting out four simple things she was mindlessly spending her money on. Chrissie Milan, 25, who lives in London, admitted to being a frivolous spender before a trip to Thailand late last year made her realize just how much cash … 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
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
Tradition is on the menu during Gen Z date night. Despite being seen as politically progressive when it comes to gender equality, young American men are still expected to pick up the tab for the women they’re wooing — and they’re more than happy to do so. A survey of 552 heterosexual college students cited … Read more
One in 10 Americans don’t know their partner’s salary, according to new research. A poll of 2,000 Americans in serious relationships, engaged or married split evenly by generation revealed that respondents aren’t just in the dark about the money that’s coming in. Almost one in five (15%) aren’t sure how much their partner has in … Read more
Popular research — now debunked, it seems — has dictated that the average person needs no more than $75,000 a year (slightly adjusted, for recent inflation reasons, of course) to be happy. Having more than that, we’ve been told many times, isn’t necessarily a good thing. Except that some experts say isn’t necessarily true. In search of … Read more
Your money mistakes may just cost your relationship, according to new research. A survey of 2,000 Americans looked at the importance of decision-making and found that 40% have ended a relationship over a poor financial choice. Overall, nearly three-quarters of respondents feel sure about their decision-making ability, describing themselves as decisive (74%). Just one in … 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
Overwhelmed by the current financial crisis, Gen Z and millennial denizens are reportedly throwing money they don’t have at all manner of things they can’t afford. Because it feels better to let it ride on momentary pleasures than to stress about uncertain futures, existential dread, and a chaotic housing market, many young and young-ish adults … Read more
The average American says financial independence is making upwards of $94,000 per year and 60% feel optimistic they can reach this money milestone. In a recent poll of 2,000 U.S. adults, spenders and savers say financial freedom is synonymous with resilience and independence: not needing money from family and friends (47%), reaching a certain net … Read more
Almost half of Americans have started a side hustle to earn a little extra cash amid the ongoing economic squeeze — but one woman is raking in a serious fortune with her crafty outside-of-hours venture. Vanessa Garcia nets up to $9,000 per month — more than double the average annual U.S. salary — by offering … 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
Americans with limited savings stress about their finances for nearly an entire work month (18.63 days) each year, new research suggests. A survey of 2,000 U.S. adults with less than two months of liquid savings or assets on hand found that while their finances are often top of mind, a third (33%) feel paralyzed to act when a financial … Read more
Whether you’re grabbing some time away this winter or are already planning for a 2024 vacation in the spring and summer, vacations offer an opportunity to take a break and enjoy quality time with family or friends, away from work and everyday responsibilities. We save for our vacations — and want to maximize the value of our … Read more
The sad reality of the cost of living is being seen over and over again – especially in the lead-up to the holidays. And it’s not from a lack of trying. This week, a mother of two has broken down in tears as she shares that her family of four is living paycheck-to-paycheck every month. … Read more