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Personal Finance

“35% of millionaires say retirement is ‘going to take a miracle,’ report finds”

February 6, 2023

“…Although the rich are getting richer, 58% of high net worth individuals said they accept that they will have to keep working longer and 36% worry that retirement may not even be an option, according to data from Natixis Investment… Continue Reading…

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Economy, Personal Finance

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

October 19, 2022

“…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…

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Economy

“50% of employers expect job cuts, survey finds. Here’s how to prepare for a potential layoff”

August 23, 2022

“…Best Buy, Ford Motor, HBO Max, Peloton, Shopify, Re/Max, Walmart and Wayfair are among the firms that announced layoffs in recent weeks. Meanwhile, 50% of firms are anticipating a reduction in overall headcount, while 52% foresee instituting a hiring freeze and 44% rescinding job offers, according to a PwC survey of… Continue Reading…

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Economy

“59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds”

August 22, 2022

“…Already battling higher prices, 59% of Americans are concerned that student loan forgiveness will make inflation worse, according to a new CNBC survey,conducted online by Momentive among a national sample of 5,142 adults from August 4 to 15….” https://www.cnbc.com/2022/08/22/americans-are-concerned-student-loan-forgiveness-will-worsen-inflation.html College… Continue Reading…

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Economy

“26% of job switchers regret joining the Great Reshuffle, survey finds…”

August 12, 2022

“Despite some indications of an economic slowdown, the job market remains remarkably stable, and many workers have reaped the benefits. In fact, a record number of employees quit their jobs, found new positions and renegotiated along the way. But not… Continue Reading…

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Economy

“65% of Americans earning $100,000 or more are ‘very concerned’ about inflation, new CNBC poll finds”

July 12, 2022

“Inflation is a real worry for many Americans — even those who earn six figures — and it’s impacting decisions about how they spend their money. Fully 96% of those high earners are concerned about inflation and 65% are “very… Continue Reading…

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Economy, Personal Finance

“One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds”

June 1, 2022

“More than a third of Americans earning at least $250,000 annually say they are living paycheck to paycheck, underscoring how inflation is taking a bigger bite out of Americans’ budgets at all ends of the pay spectrum. Some 36% of… Continue Reading…

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Personal Finance

“Consumer complaints up 31% since 2018 about collection attempts for medical debt not actually owed, federal watchdog finds”

April 21, 2022

“For some consumers, medical debt they don’t even owe appears to ends up haunting them anyway. Complaints jumped 31% from 2018 to 2021 about debt collectors attempting to get consumers to fork over amounts that already were paid or otherwise… Continue Reading…

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Economy

“…40% of recent job switchers are again looking for a new position, survey finds”

April 12, 2022

“Two of every five workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. These workers will likely account for a good deal of churn… Continue Reading…

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Economy

“Americans are paying more for worse stuff, study finds”

February 17, 2022

“Measured by consumer prices, U.S. inflation is the highest in 40 years. Look at what Americans are actually getting for their money and the rate may be even higher, according to researchers at the University of Michigan.  The academics publish… Continue Reading…

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