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Economy

“47% of parents still financially support adult children, study finds. Here’s how much they spend”

“…In addition to soaring food and housing costs, millennials and Generation Z face other financial challenges their parents did not at that age. Not only are their wages lower than their parents’ earnings when they were in their 20s and 30s, after adjusting for inflation, but they are also… Continue Reading…

Economy

“99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says”

“…”It is likely that only the top 1% of consumers by income will be better off than before the pandemic,” Kolanovic wrote, pointing to the growing signs of credit card and auto loan delinquencies, as well as Chapter 11 filings.… Continue Reading…

Economy, Personal Finance

“52% of Americans say they need to earn at least $100,000 a year to be financially comfortable”

“… Nearly 1 in 3 say a salary between $50,000 and $99,999 would suffice, the survey of over 4,300 adults found. Still, 52% of Americans say they would require at least $100,000 a year to be financially comfortable, with 26% saying… Continue Reading…

Economy, Personal Finance

“66% of American workers are worse off financially than a year ago due to inflation, report finds”

“…As inflation pressures continue, two-thirds of working adults said they are worse off financially than they were a year ago, according to a recent report by Salary Finance. To make ends meet, many are dipping into their cash reserves or going into debt.… Continue Reading…

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…

Predictions, Opinions, & Comments

Now Is The Time To Make The Most Important Business Decision You Will EVER make Financially [Start A Business]

Everyone reading this please listen to me. Financially this is the most important thing you will ever do if you haven’t done it. If you do not have a business or a side hustle start one now! Stop reading this… Continue Reading…