More Americans Are Using ‘Buy Now, Pay Later’ Services To Pay for Groceries

More Americans Are Using ‘Buy Now, Pay Later’ Services To Pay for Groceries

The concept of “buy now, pay later” has exploded in popularity in recent years. Americans have been using this form of lending — in which the cost of a purchase is typically... Read more »
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Two-Thirds of Americans Live Paycheck to Paycheck

Two-Thirds of Americans Live Paycheck to Paycheck

With inflation still near 40-year highs, close to two-thirds of Americans are living paycheck to paycheck. Inflation is showing no signs of slowing down, making it harder for workers to make ends... Read more »
Survey: 7 In 10 Americans Living Paycheck To Paycheck

Survey: 7 In 10 Americans Living Paycheck To Paycheck

In these tough financial times, a new study finds it’s getting harder and harder for people to save any of their money. In fact, seven in 10 Americans say they’re living paycheck... Read more »
Americans Have Never Been In So Much Debt

Americans Have Never Been In So Much Debt

American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to fall and people get out their credit cards again. CNN Business reports: Between July and... Read more »
The top 1% of Americans have about 16 times more wealth than the bottom 50%

The top 1% of Americans have about 16 times more wealth than the bottom 50%

The wealthiest 1% of Americans controlled about $41.52 trillion in the first quarter, according to Federal Reserve data released Monday. Yet the bottom 50% of Americans only controlled about $2.62 trillion collectively, which... Read more »
Nearly Two-Thirds of Americans Are Living Paycheck to Paycheck During COVID Pandemic

Nearly Two-Thirds of Americans Are Living Paycheck to Paycheck During COVID Pandemic

Money is not something anyone wants to worry about during the holidays. In a year still ravaged by the coronavirus pandemic and its economic fallout however, it appears many will be struggling through... Read more »
The 50 Richest Americans Are Worth as Much as the Poorest 165 Million

The 50 Richest Americans Are Worth as Much as the Poorest 165 Million

The 50 richest Americans now hold almost as much wealth as half of the U.S., as Covid-19 transforms the economy in ways that have disproportionately rewarded a small class of billionaires. Bloomberg... Read more »
Young Americans Have Used 33% Of Their Total Savings During COVID-19

Young Americans Have Used 33% Of Their Total Savings During COVID-19

The coronavirus shutdowns have had a dramatic impact on the broader economy (if not the stock market, which is almost back to all time highs) and few have been hit as hard... Read more »
Americans Regret Lack of Emergency Savings During Pandemic

Americans Regret Lack of Emergency Savings During Pandemic

A new survey finds that Americans regret their lack of emergency funds to withstand the economic crisis caused by the pandemic.  The Bank Rate survey found that 23 percent of Americans rate... Read more »
Quarter Of Americans Have No Emergency Savings In Age Of Coronavirus

Quarter Of Americans Have No Emergency Savings In Age Of Coronavirus

The U.S. economy is currently facing its toughest challenge since the Great Depression, and millions of Americans suddenly find themselves out of work. Financial experts have long advised people to build a savings... Read more »
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