Vice President Kamala Harris formerly accepted the Democratic Nomination for President of the United States last night, and her economic policy agenda announced last week is largely popular among Americans. The platform focuses on cutting the cost of living: primarily…
Category: Finance/Income
Insights on Income Mobility From 2005 to 2009
Black non-Hispanic men saw their incomes rise at a considerably slower rate between 2005 and 2019 than White non-Hispanic men, even among those who started out earning similar amounts. Meanwhile, Asian and White non-Hispanic men experienced the greatest income increases…
Thanksgiving Dinners Back On After Pandemic Pause
ButcherBox, a subscriptions service focused on meats, recently conducted a study that revealed 32% of Americans expect their Thanksgiving gatherings to be larger this year than last. Nearly 30% of respondents said they will be hosting 10-19 people this year.…
Pandemic Made Half of Americans Reset Priorities
Artemis Strategy Group conducted a study completed in August 2022 focused on the lasting impact of the Sars-COV-2 pandemic. They found that 51% of Americans said that the forced pause the COVID-19 pandemic created the reset they needed to do…
Home is Where the Heart Is
“Who says you can’t go home/who says you can’t go back/I been all around the world and as a matter of fact/there’s only one place left I want to go/who says you can’t go home…” sang Bon Jovi in the…
Record Numbers Used Food Banks in 2021
According to a report by Feeding America, more than 53 million people turned to food banks, pantries and meal programs in 2021. That’s one-Third more than had been using the services prior to the start of the COVID-19 pandemic. The…
Americans’ Financial Worries Tick Up in Past Year
Americans are more likely today than they were a year ago to report being “very” or “moderately worried” about several aspects of their finances, reversing the improvement seen last year. People’s concern has increased the most about paying their monthly…
Busting Stereotypes: Millennials Take Control of Their Finances
The Millennial generation (aged 26-41) has been pegged with stereotypes of careless spending and saving habits since the early 2010s. However, with the oldest members of this generation now entering their 40s, they are busting out-of-date perceptions by applying what…
Debt Doesn’t Always Cause Divorce, but It’s Often a Result of It
A third of divorced couples say money woes were a “primary factor” in the breakup of their marriages, but nearly two thirds took on debt after their divorces were final. Those results – from a new survey by Debt.com and DivorceMag.com – were consistent…
Gen X Now Reportedly The Largest Generation of Affluents
Among affluents, Gen Xers (34-50) now outnumber Baby Boomers (51-69) for the first time, with the former accounting for 37% of all affluents and the latter 32%, according to Ipsos’ latest annual survey of affluents in the U.S. The results…