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Economy, Personal Finance

“25% of Americans felt financially stressed all the time last year, CNBC + Acorns Invest in You survey found”

“…One-quarter of Americans said that they felt financially stressed all the time last year, according to a CNBC + Acorns Invest in You survey, conducted by Momentive. The online survey of nearly 4,000 adults was conducted March 23-24.   Another 41% said… Continue Reading…

Personal Finance

“About 70% of medical debt to be erased from credit reports: Here’s what that means for your credit score”

“The major credit bureaus, Equifax, Experian, and TransUnion, just announced a major change to how medical debt is included in your credit history. Soon 70% of medical debt will be removed from consumers’ credit reports, according to a joint statement released March 18.… Continue Reading…

Personal Finance

“46% of taxpayers plan to save their refunds this year”

“Many Americans are planning to use any refunds they get from the IRS to grow their personal wealth. Some 46% of people plan to save their refunds, according to a LendingTree survey of more than 1,000 taxpayers conducted online Feb. 7 through… Continue Reading…

Banking, Personal Finance

“U.S. Retirement Funds, Heavy on Stocks, Brace for Losses”

“Volatile stock markets are eroding the retirement savings of America’s teachers and firefighters after public pension systems ended last year with equity holdings at a 10-year high…” https://www.wsj.com/articles/u-s-retirement-funds-heavy-on-stocks-brace-for-losses-11646601597 If you’re a young person do not count on any U.S. government… Continue Reading…

Investing, Personal Finance

“Nearly 40% of women over 35 regret not investing for retirement sooner”

“…That’s according to Fidelity’s 2022 Money Moves study, in which 36% of older women — defined in the survey as women 36 and older — said that their biggest financial mistake was “waiting too long to start saving for retirement.” Fidelity surveyed… Continue Reading…

Economy, Personal Finance

“Hard times: 7 in 10 Americans say they’re living paycheck to paycheck now”

“…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 to paycheck. A recent survey of 2,007 adults… Continue Reading…

Economy, Personal Finance

“34% of shoppers consider a large purchase anything over $250…”

“When it comes to large purchases, Americans are showing they like to think ahead. Two out of three shoppers say they spend more time planning a large purchase than they do paying it off, according to a Wallethub survey. For 34%… Continue Reading…

Economy, Personal Finance

“CNBC Survey: 81% of adults with student loans say they’ve had to delay key life milestones”

“According to CNBC + Acorn’s recently released Invest in You Student Loan Survey conducted by Momentive, 81% of people with student loans say they’ve had to delay one or more key life milestones because of their debt. Momentive surveyed 5,162 American adults between… Continue Reading…

Personal Finance

“Over a third of Americans have missed payments for Afterpay, other ‘buy now, pay later’ services”

““Buy Now, Pay Later” services, such as Affirm, Afterpay, and Klarna, are gaining popularity with Americans — a whopping 74% of shoppers say they have used them, according to a Breeze Survey of 1,500 Americans taken from January 4 to January… Continue Reading…

Personal Finance

“Nearly half of Americans think they’ll retire in debt: Here are the 5 top reasons why”

“…Nearly half, 46%, of the 2,050 people polled in a new MagnifyMoney survey think their current financial situation will force them to retire in debt. The survey included workers of all generations, from ages 18 to 75, not just those approaching retirement.… Continue Reading…