Holiday spending is expected to be robust again this year, whether or not Americans can afford it. About 50% of shoppers are planning to take on new short-term debt this year during the Christmas season to cover their extra costs, and getting through the season is taking a toll on emotional health, causing depression, crying, …
Half of Americans Will Rack Up Debt over Holidays, Survey Shows Read More »
Maybe you’ve seen the commercials on TV — a consumer at a gas pump needs to fill his tank, but the prices are too high for his wallet — a problem many of us understand all too well. Suddenly the man’s future self appears along with a cartoon bear named Dave. Dave says that he …
Survey: 33% of Americans Now Use Cash Advance Apps; Many are Struggling to Repay Read More »
Search on Google to learn about cryptocurrency, and the abundance of choices is mind-boggling. Coursera classes, countless YouTube videos, podcasts, articles with titles like “Learn to Trade Crypto” and “Crypto: A Beginner’s Guide” and universities offer such course options as Online Blockchain Bootcamp. But how do people know which sources to trust? According to a …
Will Crypto Become Global Currency? 40% of Americans Say Yes Read More »
While debate continues to rage over the Aug. 24 announcement to cancel some student loan debt, the consensus is clear that Americans have been struggling to cover day-to-day expenses due to student loan payments. In fact, almost half of student loan borrowers have used a payday loan or other high-interest short-term loan to make one …
Are Student Loans a Scam? More than 60% of Borrowers Think So Read More »
As kids head back to school this year, parents are facing one particularly big challenge: fear. On May 24, 2022, 18-year-old Salvador Ramos fatally shot 19 students and two teachers at Robb Elementary in Uvalde, Texas, and headlines are still swirling about the police response that day, leaving parents and students a bit wary and …
85% of Parents Worry About School Safety, Survey Shows Read More »
Cryptocurrency investing has been a wild ride lately. So what happens when you combine the tempting prospect of new global currencies and unprecedentedly low prices, but you don’t have any cash to invest? Americans are turning to lenders. And as many investors are currently adding up their losses, others are doubling down, using loans to …
Survey: Americans Borrow Money, Default on Bills to Buy Cryptocurrency Read More »
More than a quarter of Americans have no emergency fund to carry them through a financial crisis, and almost half have said they’re struggling to feed their families. Inflation has soared to the highest level since December 1981 as Americans continue to grapple with unprecedented financial challenges, and most families have been caught off guard. …
Survey: 27% Lack Emergency Fund, 49% Struggle With Food Prices Read More »
While the gender pay gap means that women earn 83 cents for every dollar earned by a man in the workforce, there’s one area where the trend would be reversed – fatherhood. If being a dad was a paid position, 30% of Americans believe the job is worth a six-figure salary and 12% say it …
Father’s Day: If ‘Dad’ was a Paid Position, He’d Earn Less than Mom Read More »
We all agree that motherhood is a very big job. In fact, more than 35% of Americans believe that if motherhood was a paid position, it deserves a six-figure salary. Mother’s Day is May 8, and this year Americans are expected to spend about $31.7 billion showering their moms with gifts, according to the National …
Survey: This Mother’s Day, Mom Deserves a Big Paycheck Read More »
With gas prices averaging $4.18 a gallon across the U.S. and a price hike from summer blends looming, more than 72% of Americans have already had to make some tough financial choices due to the extra expense. The past few months have been difficult. According to Gas Buddy, fuel costs jumped more than 20% in …
Survey: 72% in U.S. Suffering Due to High Gas Prices Read More »