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Financial Information On Demand

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Personal Finance

“Almost half of Americans are willing to take on debt in a post-pandemic spending splurge, survey finds”

June 9, 2021

“Americans are ready to start spending money to treat themselves — and 44% are willing to go into debt to do it, a report from CreditCards.com finds. Millennials, ages 24-40, are most likely to take on more debt (59%) followed by Gen… Continue Reading…

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Personal Finance

“We paid off $250,000 in debt and grew our net worth to $800,000: Here’s our best advice”

May 3, 2021

“We really began to change our money mindset when we realized that time is more valuable than any single monetary amount, and that we didn’t have to only earn money through our 9-to-5 careers. I started to see passive income as wealth that… Continue Reading…

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Economy, Personal Finance

“Bill payments jump 30% as Americans use $1,400 stimulus checks to cover household expenses”

April 7, 2021

“There was a 30% month-over-month increase in the number of payments made to pay household bills from March 17 to March 21, according to the latest research from bill pay service doxo. During that same weeklong time frame, the total amount paid… Continue Reading…

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Personal Finance

“Americans Got Richer in 2020. Here Are 5 Charts Showing Who Benefited—and How.”

April 2, 2021

“Gross domestic product fell by 2.4% between the end of 2019 and the end of 2020, with roughly 10 million fewer people in jobs at the end of last year than before the pandemic. Yet the average American household was… Continue Reading…

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Personal Finance

“Does The Government Own Part Of Your Traditional 401k?”

March 24, 2021

“Watching your retirement account grow can be exhilarating. However, if it’s a 401(k) or individual retirement account holding pre-tax contributions, don’t forget Uncle Sam owns a portion of the balance you see.  “All too often, investors look at their traditional… Continue Reading…

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Economy, Personal Finance

“Investing in bonds has ‘become stupid,’ Ray Dalio says. Here’s what he recommends instead”

March 16, 2021

““I believe a well-diversified portfolio of non-debt and non-dollar assets along with a short cash position is preferable to a traditional stock/bond mix that is heavily skewed to U.S. dollars. I also believe that assets in the mature developed reserve… Continue Reading…

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Economy, Personal Finance

“Fidelity Reports 79% of Women Feeling Financial Stress”

March 12, 2021

“A Fidelity survey conducted in early February among 2,007 U.S. adults found that 79% of women were experiencing financial stress, up from 67% in October. Even as they were reporting feelings of financial stress, 71% of women surveyed said they planned to… Continue Reading…

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Personal Finance

“Understanding Long-Term vs. Short-Term Capital Gains”

February 10, 2021

“When you sell a capital asset for more than you paid for it, the result is a capital gain. Capital assets include stocks, bonds, precious metals, jewelry, and real estate.1 The tax you’ll pay on the capital gain depends on… Continue Reading…

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Personal Finance, Predictions, Opinions, & Comments

“Americans racked up $1,300 in holiday debt on average: How to get back on track in the new year”

January 1, 2021

“Use cash, not credit… Pick a debt repayment strategy…Consolidate balances…Make a post-holiday budget…” https://grow.acorns.com/2020-holiday-debt/ Those are the 4 tips. The link goes into further detail. Click the link if you want to know more. I have something important I want… Continue Reading…

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Personal Finance

“How an 18-year-old has made more than $30,000 in about 3 years selling Lego online”

December 16, 2020

“Selling his old Lego pieces over the first six or so months brought Fiore about $200. Fiore, who is about to turn 18, has turned the side hustle into a business, Summerfield’s Toys, through which he sells different Lego sets and minifigures online… Continue Reading…

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