Cart

0

Economy, Personal Finance

“68% of Americans couldn’t cover their living expenses for even a month if they lost their job, survey finds. The good news? Now is the best time in years to fix that.”

“Recession — and layoff — fears loom large over many households. Nearly half of U.S. adults feel the country is already in a recession, a Morning Consult report found. Economists say the chance of a recession in the next 12… Continue Reading…

Economy

“…8.7% Social Security cost-of-living increase starts in 2023…”

“…“Your Social Security benefits will increase by 8.7% in 2023 because of a rise in cost of living,” the Social Security Administration states in the annual statements it is currently sending to beneficiaries. The 8.7% increase will be the highest in 40… Continue Reading…

Economy, Personal Finance

“63% of Americans are living paycheck to paycheck — including nearly half of six-figure earners”

“As of September, 63% of Americans were living paycheck to paycheck, according to a recent LendingClub report — near the 64% historic high hit in March. A year ago, the number of adults who felt strained was closer to 57%. “Consumers are… Continue Reading…

Economy

“67% of pandemic ‘boomerang kids’ are still living with mom and dad”

“At the height of the Covid pandemic, many young adults moved back in with mom and dad. It was an unprecedented moment of uncertainty; college campuses were closed, and jobs were scarce. More than two years later, 67% of millennials… Continue Reading…

Economy

“Europe heading for recession as cost of living crisis deepens”

“…The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending. While there was some easing of price pressures, according… Continue Reading…

Economy

“Early Signs Point To A Higher Social Security Cost-Of-Living Adjustment in 2023”

“EDITOR’S NOTE:  Social Security beneficiaries may see the largest cost-of-living adjustment (COLA) since 1981. COLA is projected to increase by 8% in 2023, giving beneficiaries a strong boost in their monthly Social Security benefits, hopefully enough to counter the effects of… Continue Reading…

Economy

“…Homeless at the gates of Disney: Thousands are living in motels, encampments and even their cars…”

“It’s the ‘Most Magical Place on Earth’, where millions of families flock every year to have their dreams spun from fantasy to reality. But for thousands living in the shadow of Disney World near Kissimmee, Florida, life is far from a… Continue Reading…

Economy

“Despite rising wages, 61% of Americans are still living paycheck to paycheck, report finds”

“…At the end of 2021, 61% of the U.S. population was living paycheck to paycheck, down slightly from a high of 65% in 2020, according to a recent LendingClub report. Even among those earning six figures, 42% said they were living… 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…

Personal Finance

“How making $300,000 in San Francisco can still mean you’re living paycheck-to-paycheck”

“With the median price of a home in the U.S. at $300,000, you can can achieve homeownership and the idealized middle-class lifestyle in most parts of the country making a salary just under or above six figures. In San Francisco’s… Continue Reading…