Does money matter? That’s the question that financial service company Acorns sought to answer in their latest survey, which posed questions relating to money, mental health, and financial security to 5000 Americans. Let’s take a look at the survey’s results. Financial Anxiety in America Acorns “Money Matters Report” has revealed an overwhelming sense of unease … Read more
The quintessential American Dream of homeownership is becoming increasingly elusive for many. Here are 20 reasons why achieving this milestone is more challenging than ever, reflecting broader economic trends and societal shifts. #1. Skyrocketing Home Prices Home prices have soared across the country, far outpacing wage increases, making it difficult for first-time buyers to enter … Read more
Are you tempted by the potential riches of the cryptocurrency market? Cryptocurrency investing is fraught with highs and lows that can challenge even the most seasoned investors. Here are 18 critical points to consider that underscore the risks and realities of diving into this volatile market. #1. Extreme Volatility Cryptocurrency prices can skyrocket or plummet … Read more
Inflation subtly but steadily drains purchasing power, affecting budgets and lifestyle choices without many realizing the creeping impact it has. Here are 20 common examples of how inflation manifests in everyday expenses, from groceries to services, impacting your financial well-being. #1. Grocery Staples The price of essentials like bread, milk, and eggs has seen a … Read more
As Americans across the nation are feeling the cost of living crisis, more and more people are beginning to ditch their favorite fast food chains and brands in favor of lower-cost options. The brands have begun to notice the difference reflected in their profits. Rising Prices Across the Board The last two years have seen … Read more
As technology continues to evolve at a breakneck pace, many boomers are keen on tapping into the lucrative potential of tech stocks and industry trends. But how can they approach this dynamic sector wisely and effectively? #1. Embrace Big Tech Companies Many boomers start their tech investment journey with well-established companies like Apple, Google, and … Read more
Achieving financial freedom after 50 might seem daunting, but many boomers are finding innovative ways to generate passive income. Are you ready to secure your finances for a comfortable retirement? #1. Real Estate Rentals Investing in rental properties is a time-tested way for boomers to generate steady income. Whether it’s long-term rentals or vacation properties, … Read more
Estate planning isn’t just for the wealthy—it’s a critical process for anyone wanting to safeguard their family’s future. But where do you start? #1. Draft a Will A will is fundamental. It dictates how your assets are distributed and can help prevent family disputes. Without one, state laws determine who gets what. #2. Consider a … Read more
Ever wondered why your tech-savvy uncle suddenly paid off his mortgage? Or how your neighbor bought that shiny new RV out of the blue? Maybe they had a little help from Bitcoin. #1. The Secret Early Adopter John, a 65-year-old retiree, bought 10 Bitcoins back in 2011 when they were just $10 each. Fast forward … Read more
A new promotional offer from one of America’s biggest pizza chains has called out the country’s growing frustration with unnecessary tipping. Tipping Fatigue? Americans are experiencing ‘tipping fatigue’ en masse, as more and more businesses request more tips, more frequently. Companies like Dominoes are looking to address the exhaustion. “You Tip, We Tip” The iconic … Read more
Are you ready to break free from the shackles of debt and take control of your financial future? Well, you’re in luck because I’ve got 20 simple tips that will help you pay off debt and pave the way to financial freedom. Let’s start your journey towards a debt-free life! #1. Create a Budget Start … Read more
As we gear up for another year, the financial landscape continues to evolve with new opportunities and pitfalls. Are you ready to make smart moves with your money in 2024? Here’s a straightforward rundown of the best and worst investments that can help you steer clear of financial missteps while maximizing your returns. #1. Best … Read more
As rent prices rise across the nation, some states are taking matters into their own hands. Let’s take a look at Florida’s latest measure to improve the lives of its residents. The Affordability Crisis in Mobile Home Parks Mobile homes used to be an affordable alternative to traditional housing. The Rise of Mobile Home Communities … Read more
A new law backed by the Biden administration to permanently lower credit card fees has been temporarily struck down by a federal judge. New Rule Blocked in Court A Texas judge has moved to temporarily block a new law passed by the Biden administration that would place an $8 cap on credit card fees. Getting … Read more
Tesla has made its next move to cement a historical billion-dollar pay package for its controversial CEO – this time, through advertising. A New Attitude to Ads In an unusual step for the world’s biggest EV company, Tesla has paid for the kind of advertisements and sponsored content that it famously turned up its nose … Read more
One of America’s biggest gym franchises is raising its membership fees for the first time since the 1990s. Planet Fitness Price Change New Planet Fitness members might be shaking their fists at the sky over recent news that the company, one of America’s largest fitness franchises, will be raising their monthly fees for basic memberships. … Read more
Property tax rates in Montana have skyrocketed in recent years, sparking calls for the state government to finally relieve the inflated tax burden many homeowners now face. Begging for Relief A senior homeowner in Montana has taken to social media to beg for a moratorium on property taxes, as state tax hikes in recent years … Read more
California residents might start seeing a difference in restaurant prices across the board this July once a new law comes into effect. Let’s take a look at how these new prices could affect you. Hidden Fees in Various Services If you’ve ever been shocked by the extra fees sneaking onto your restaurant bill, showing up … Read more
Medical bankruptcies continue to devastate countless American families, stripping them of their financial security after life-saving medical treatments. Why, in one of the richest countries in the world, do citizens still face financial ruin due to healthcare costs? #1. High Deductibles and Out-of-Network Surprises Kathy and Joe Bonilla faced unexpected financial turmoil when Joe suffered … Read more
In November, residents of Colorado will be asked to decide the outcome of a new bill that could significantly raise the price of a very controversial yet much-loved household item. House Bill 24-1349 Hot on the heels of California, Colorado lawmakers are debating putting a tax on an American favorite – guns and ammo. House … Read more
