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Predictions, Opinions, & Comments

“Transforming Your Financial Mindset for Enhanced Living”

Written By: Jillian Day When it comes to securing a comfortable future, how you manage your finances plays a pivotal role. Understanding and adjusting your financial strategies can significantly impact your life quality. The steps to enhancing your financial acumen… Continue Reading…

Economy

“Cost-of-Living Crisis Hits Sales of Food, Cars, Luxury Goods”

“…Nestle SA, the world’s biggest food company, cut its revenue outlook for the year on Thursday, while Unilever Plc reported sales that missed estimates and Jeep-owner Stellantis NV posted a plunge in profit. A day before, US appliance maker Whirlpool… Continue Reading…

Economy

“Just 4% of current retirees say they are ‘living the dream,’ survey finds. Here’s why”

“Just 4% of today’s retirees said they are “living the dream,” according to a new survey from asset management company Schroders. And just as many — 4% — said they are “living the nightmare.” Most of the respondents fall somewhere in between… Continue Reading…

Business

“56% of Americans can’t afford a $1,000 emergency expense: We are ‘living in a paycheck-to-paycheck nation,’ money expert says”

“Only 44% of Americans surveyed said they could use their savings to pay for an unexpected expense, instead opting to put it on a credit card or borrow cash from family or friends…” https://www.cnbc.com/2024/03/19/why-now-is-a-smart-time-to-build-emergency-savings.html

Economy

“Canada’s surging cost of living fuels reverse immigration”

“The dream of making it big in Canada is turning into a battle for survival for many immigrants due to the high cost of living and rental shortages, as rising emigration numbers hint at newcomers being forced to turn their… Continue Reading…

Economy

“60% of Americans are living paycheck to paycheck heading into the holidays, report finds”

“…As of October, 60% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year. Overall, 4 in 10 consumers consider themselves worse off relative to 2022, the report found… Even… Continue Reading…

Economy

“73% of millennials are living paycheck to paycheck, new report finds”

“…Nearly three-quarters, or 73%, of adults ages 27 to 42 are living paycheck to paycheck, LendingClub found… As of March, 66% of Gen Zers were living paycheck to paycheck — up from 58% a year ago, according to LendingClub…” https://www.cnbc.com/2023/04/28/73percent-of-millennials-are-living-paycheck-to-paycheck-new-report-finds.html

Economy

“62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds”

“…As of September, 62% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year. “Living paycheck to paycheck remains the main financial lifestyle among U.S. consumers,” the report said…” https://www.cnbc.com/2023/10/31/62percent-of-americans-still-live-paycheck-to-paycheck-amid-inflation.html… Continue Reading…

Economy

“61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets”

“As of July, 61% of adults still said they are living paycheck to paycheck, according to a new LendingClub report, slightly more than last year’s 59%… Now, 78% of consumers earning less than $50,000 a year and 65% of those earning between… Continue Reading…