Money Insights

The financial burden of student loans has become an inescapable reality for many millennials. Are you one of the millions struggling to balance life aspirations with mounting debt? #1. Skyrocketing Tuition Costs Since the early 2000s, the cost of college education in the U.S. has risen dramatically, far outpacing inflation. Millennials often find themselves saddled … Read more

An unusual printing error has driven up the value of specific $1 bills, with some pairs selling for up to $150,000. Here’s how to know if you’ve got some on your hands. Watch Your Wallet Next time you take out your wallet, you might want to check what’s inside! Millions of $1 bills are now … Read more

Wealth inequality is breaking all records this year, according to newly released data from nonprofit Americans for Tax Fairness. Let’s take a look at what they found out. Billionaires’ Wealth Surge It may come as no surprise to many of you, but wealth inequality is getting out of hand. According to a new report by … Read more

Going through a divorce can be emotionally and financially challenging, but it’s also an opportunity to reassess your financial plan and life goals. Here are 20 steps to help you navigate this transition and build a brighter future: 1. Assess Your Financial Situation Take stock of your assets, debts, income, and expenses to understand your … 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

A new study has revealed a curious habit that most Americans are unwillingly partaking in that’s costing them upwards of $500 a year. Curious as to what that could be?  A Divisive Issue  Tipping – it’s a controversial subject. With so many service industry workers relying on tips to supplement their low wages (minimum wage … Read more

Walked into a store expecting to grab your usual items but found empty shelves instead? Wondering why this keeps happening? 1. Global Pandemic After Effects The COVID-19 pandemic disrupted manufacturing and shipping worldwide. Many businesses are still catching up, leading to shortages in various products. 2. Labor Shortages A lack of workers in key sectors … Read more

In times of economic uncertainty, fortifying your household against potential financial storms is crucial. But where do you start? Here are 20 practical steps to help you and your loved ones navigate a recession with resilience and confidence. 1. Build an Emergency Fund Establish a savings buffer equivalent to at least three to six months’ … Read more

A new report into financial angst has shown just how many people are concerned about their finances, as it has revealed that the majority of Americans are struggling with financial stress – among other things.  Financial Anxiety for Most NerdWallet’s 2024 report into financial angst delves into Americans’ deep concerns about money. It looks at … Read more

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

As climate change intensifies, its impact on our planet is becoming undeniable. The consequences not only affect our environment but also our wallets. Here are 20 uncomfortable truths about how the changing planet may increasingly impact your finances. 1. Rising Insurance Premiums As extreme weather events become more common, insurance companies are raising premiums to … Read more

Have you ever considered the reliability of the everyday products we depend on? Occasionally, the items we trust can unexpectedly pose risks to our safety. Product recalls, which can be unsettling and contentious, have the potential to shake consumer confidence and provoke inquiries into safety standards. Let’s look at 21 noteworthy product recalls that have … Read more

A new report has highlighted the staggering discrepancy in lifetime tax burdens between US states. But which state pays the highest overall? Lifetime Tax For Americans Tax day is never a fun time for workers across the United States. But it’s worse for some than for others, as residents in certain states pay far more … 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.

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. … Read more

Are you tired of feeling pressured to tip for every little service? American tipping culture has spiraled out of control, leaving many feeling like they’re constantly shelling out extra cash. But where do we draw the line? Here are 21 instances where tipping has gone from a gesture of gratitude to an expectation that’s gone … 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

More and more Americans are struggling to make ends meet and having to make serious decisions about seeking medical help, a new report has revealed. Here’s the full story. Healthcare Cost Management Managing healthcare costs has become a real challenge for many American families – especially those earning under the national average income of $75,000 … Read more

The future of US retirees is looking bleak, as many employed Americans doubt they’ll ever stop working.  1 in 4 Americans Approximately one-quarter of working Americans over 50 years old doubt they will ever retire, as shared in a recent survey by the American Association of Retired Persons. Concerning Results The survey spoke to 8000 … 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