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
Forget the stereotype that women use their looks to get ahead at the office — it’s actually attractive men who benefit most from their appearance in the workplace. A groundbreaking study of 11,583 Americans conducted over a 20-year period has found that good-looking men are more likely to attain better jobs and make more money … Read more
According to their “Spending Wrapped”, Americans saved nearly $2,000, paid off three debts and spent the most money online shopping ($744) in 2023. A new survey of 2,000 U.S. adults revealed that going into 2023, 93% had financial goals and many Americans met them. Those goals included paying off debts (67%), having a certain amount … Read more
DEAR ABBY: My father-in-law and I are just cut from different cloth. We are political opposites, although we do get along for the most part. On a family vacation (we were visiting them), we were going out for dinner. My wife and I knew he was going to take us to a restaurant we both … Read more
They hit the jackpot — and their kids don’t know jack about it. Mums the word on the massive amount of money, money, money, money a fortunate mom and dad won via the lottery. The lucky draw earned the stinking rich sweeties a whopping $22 million. And while the deep-pocketed parents have struggled to keep the cash-heavy … Read more
Americans are telling more “financial fibs” due to the cost-of-living crisis — such as lying about earnings, purchases and loans taken out in secret. According to a poll of 2,000 US adults, 71% tell a lie about something finance-related up to four times a month — with 73% admitting they’ve increasingly lied about money over … Read more
Cyan-ara, sorrow! Rest azured, the secrets to living a long, happy life may be found in the world’s Blue Zones, which boast lower rates of chronic diseases and a longer life expectancy. Those areas include Sardinia in Italy, Okinawa in Japan, Loma Linda in California, the Nicoya Peninsula in Costa Rica, and Ikaria in Greece. … Read more
Some singles want a hunk — a hunk of burning cash. Gen Zers and millennials are placing an increasing emphasis on the financial health of their romantic relationships. Having lived through continuous stages of financial uncertainty including the financial crisis of 2008, the pandemic, growing student debts, rising inflation and the current panic of millions … Read more
For most of her adult life, Jodie has been a victim of financial abuse at the hands of multiple partners. “I was forced to hand over any money I had to pay all the bills as they never paid for anything,” the Brisbane, Australia mom tells Kidspot. “One would take my keycard, so I would have to take out … Read more
Everything changed for Yanely Espinal after graduating from Brown University with a full scholarship. The Brooklyn native returned home in 2011 with $20,000 in debt from living expenses gone wild. She was frustrated with her financial situation. “It was extremely disheartening to be struggling financially and simultaneously have no clue what to do to improve … Read more
What would you do to be completely debt-free? A new survey found Americans would give up social media for a year (32%) spend a night on a remote island (31%) and even go a month without internet access (29%). According to the poll of 2,000 U.S. adults, the average person feels they could only stay … Read more