Savings
More people trying 'no-buy year' trend to save thousands of dollars
A Tiktok trend is encouraging people to save more money. It’s called the ‘no-buy year.’ The rules are simple. Make a list of the non-essential items…
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Kevin O’Leary delivers his top tips for building businesses, pinching pennies as costs soar
Kevin O'Leary delivers blunt-force business and personal finance advice on an upcoming episode of the digital game show "Rent Free"…
Share of Americans borrowing from 401(k) multiple times rises
Taking out a 401(k) loan can help borrowers pay off immediate debt like credit cards and medical bills. But picking…
Follow these 7 tips to see $1M in your bank account
Having a million dollars to your name can seem very unattainable. Without the help of family inheritance, or a lucky…
10 things you can do right now to financially plan for your future
If you feel stressed about the future of your finances, taking control of your money can alleviate that stress and…
Social Security cuts: Retirees could face more than $17,000 in annual benefits losses
Today’s retirees are facing stubborn inflation, staggering healthcare costs and an uncertain Social Security system. And by the next decade,…
Americans to deplete pandemic era savings by end of Q3
Following the dawn of the COVID-19 recession, Americans collectively accumulated a record $2.1 trillion in excess savings, according to research…
Most Americans see the economy in bad shape and getting worse: poll
Amid high inflation and rising interest rates, most Americans believe the economy is in bad shape, according to a poll…
How a government shutdown could affect student loan payments
With Congress potentially unable to reach an agreement on federal spending legislation to be signed by the president, the government…
Inflation is affecting parents’ ability to pay for education: survey
Amid economic uncertainty, the back-to-school season could have a significant impact on the wallets of American families with children, according…
Interest rates are high. Here’s how you can take advantage of them
When it comes to rising interest rates, there tends to be a lot of gloom-and-doom discourse about the danger that…
Retirement account balances increase for third straight quarter
Despite recent market volatility, Americans’ retirement account balances increased in the second quarter of 2023, marking the third straight period…
Consumers are turning to personal loans to pay off credit card debt: TransUnion
While Americans took on debt amid rising interest rates and stubborn inflation following the COVID-19 pandemic, many have turned to…
Average monthly mortgage payment at near all-time high
With mortgage rates hovering around 5% to 7% in recent months, mortgage payments have jumped to a near-record high, according…
Here’s how to lower your monthly student loan payments
Interest has begun to accrue on federal student loans again and many borrowers will face their first student loan payment…
5 ways to pay off debt this Labor Day
Americans have amassed record-high debt amid high inflation and recession fears. But there are ways to get back on track.…
GDP growth for Q2 dips on second estimate
Real gross domestic product (GDP) grew at an annual rate of 2.1% in the second quarter of 2023 following a…
IRS announces changes impacting catch-up contributions
The Internal Revenue Service (IRS) is changing limits on Americans’ catch-up contributions to their retirement accounts that will be in…
Americans depend on credit cards more than ever: survey
Amid high inflation and rising interest rates, many Americans are becoming increasingly dependent on credit cards, according to a survey…