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Personal loans

Today’s graduates make less than their parents, adjusted for inflation

by Merchant Moller
Today’s graduates make less than their parents, adjusted for inflation

When Jacynthe Riviere graduated from college with an accounting degree, “there were plenty of jobs,” she said — and “the big firms paid well.” The year was 1984. Riviere, now …

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Could the UAW strike affect car prices? ‘Inevitably yes,’ expert says

by Nevil Nickel
Could the UAW strike affect car prices? ‘Inevitably yes,’ expert says

Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images Regardless …

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Credit card losses are rising at the fastest pace since the Great Financial Crisis

by Merchant Moller
Credit card losses are rising at the fastest pace since the Great Financial Crisis

Frederic J. Brown | AFP | Getty Images Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according …

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Tipping in restaurants fell for the first time since 2020

by Merchant Moller
Tipping in restaurants fell for the first time since 2020

Tipping 20% at a sit-down restaurant is still the standard in the U.S., according to most etiquette experts — diners disagree. After holding steady for years, tipping at full-service restaurants fell to …

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Americans have almost $30 trillion in home equity: how to tap it

by Merchant Moller
Americans have almost  trillion in home equity: how to tap it

Many Americans are house-rich, at least on paper. Thanks to skyrocketing housing prices, homeowners are now sitting on nearly $30 trillion in home equity, according to the St. Louis Federal Reserve …

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Homeowners say 5% is the magic number

by Merchant Moller
Homeowners say 5% is the magic number

After bottoming out below 3% in January 2021, the average rate for a 30-year, fixed-rate mortgage now sits above 7% — which is just too high for many homeowners to …

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63% of workers are unable to pay a $500 emergency expense: survey

by Merchant Moller
63% of workers are unable to pay a 0 emergency expense: survey

A shopper makes their way through a grocery store on July 12, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images As high inflation persists, many …

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How much do weddings cost? This one in Las Vegas is just $15

by Dennis chmitz
How much do weddings cost? This one in Las Vegas is just

They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United States spent, on average, nearly $30,000 to get married, according …

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Student loan borrowers may see their bill drop to $0 under SAVE plan

by Merchant Moller
Student loan borrowers may see their bill drop to alt=

Dikushin | Istock | Getty Images Here’s what else to know. Many borrowers’ bills will be cut in half The SAVE plan is an income-driven repayment plan that can cut borrowers’ …

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Even millionaires are feeling financially insecure, report finds

by Merchant Moller
Even millionaires are feeling financially insecure, report finds

Earning a good salary is one thing, feeling “rich” is another. Even doctors, lawyers and other highly paid professionals — also referred to as the “regular rich” — who benefit …

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