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Prices rose 4.9% year over year in April and 0.4% during that month. Consumer fatigue is showing in higher credit card balances and lower savings.
A boost in disposable income fueled spending and saving. Data signals a healthy outlook, but lower-income people are draining reserves.
Whether you’ve decided it’s time to change jobs or you’re dealing with an unforeseen circumstance.
Clipping coupons may be largely digital now, but the deals are still out there. Kayla Burk is teaching a younger generation how to use them.
The savings rate went up half a percentage point in December, but it’s still not back to pre-pandemic levels.
After saving or investing around 40% of her income, Abigail Gomez has money left over for luxuries.
Employers that offer retirement plans would also be able to offer a separate emergency savings plan.
The personal saving rate declined in October to its lowest point since 2005. “A lot of people are close to the edge, unfortunately,” an analyst says.
The national average is still a paltry 0.13%, according to Bankrate, even as the Federal Reserve hikes interest rates.
Concert tickets might not break your soul like, say, buying a home in this market could.