Young, wealthy investors are turning to alternative investments
pixelfit | E+ | Getty Images Young, wealthy investors don’t want their parents’ investments. If you’re between the ages of 21 and 43 and have at least $3 million in …
Personal debt
Why consumers are spending so much this summer
Taylor Swift fans queue outside Murrayfield Stadium in Edinburgh, Scotland, on June 6, 2024. Her fans, known as Swifties, had made the superstar $200 million in Eras merchandise sales as …
Here’s how to be a retirement ‘super saver’
Hispanolistic | E+ | Getty Images A retirement savings crisis is looming for people who have 401(k) plans and other retirement balances woefully short of what they will need to …
The pitfalls of this viral savings challenge
TikTok is chock-full of tips for building wealth. The latest money-saving trend taking over is the “no-spend month,” which encourages TikTok users to cut out all non-essential purchases for a set period. …
Here’s how to get lower interest rates without a Fed rate cut
The Federal Reserve left rates unchanged last week and signaled that only one cut is expected before the end of the year. That means anyone who carries a balance on …
80% of Americans say grocery costs have increased since pandemic started
A customer shops at a Safeway store on June 11, 2024 in Mill Valley, California. Justin Sullivan | Getty Images The rate of price increases for food has subsided in …
Industries where workers tend to have higher 401(k) balances
To gauge your retirement preparedness, you may compare your 401(k) balance with other savers’ progress. But you might find that people in your field are a better comparison point than …
Here’s what’s wrong with TikTok’s viral money hacks
From cash stuffing to loud budgeting, TikTok is chock-full of ways to build wealth — and more people are taking notice. Financial TikTok, also known as #FinTok, is now one …
Gens Zs are traveling this summer and going into debt to pay for trips
Move over family travelers. Gen Zs are set to make the biggest splash this summer, with surveys showing they are upping their vacation plans and spending more than older travelers. …
Why student loan debt may prevent retirement security for older workers
Goodboy Picture Company | E+ | Getty Images For most Americans, living well in retirement depends on how much they can save in their working years. But for millions of …