There's nothing like the good old days when you lived at home with your parents, received an allowance and didn't have to stress about money. For most adults, those days are long gone. But the key word there is most. According to a Morning Consult survey of approximately 1,000 Gen Zers, 33% of adults say they receive an allowance or some form of financial assistance from their parents. Yes, that's right. Approximately one-third of those surveyed are still getting that allowance you're dreaming o
Inflation, inflation, inflation. It's everywhere — and it's hitting people of all ages and all backgrounds where it matters most: their bank accounts. According to the U.S. Bureau of Labor Statistics, the current inflation rate is 3.2% for the 12 months leading up to February. That's an increase of 0.4% in February over the previous month. Don't Miss: For many first-time buyers, a house is about 3 to 5 times your household annual income – Are you making enough?c Can you guess how many Americans
Gen Z gets a bad rap for their love of social media, but when it comes down to it, is there really anything wrong with wanting to build a large social following? Regardless of your thoughts on Gen Z and social media, there's something you need to know. This generation isn't nearly as out of touch as some people make them out to be. A recent Credit Sesame study explored millennial and Gen Z’s perspectives on personal finance and credit — and its findings may surprise you. Don't Miss: Can you gues
Americans share many financial concerns. Among them are inflation, earning a competitive wage, maintaining an emergency fund and saving for retirement. When you consider all these concerns as a whole, it's easy to see why 90% of Americans say their finances have an impact on their stress levels. But it's not just average, everyday Americans who realize that serious trouble is brewing. BlackRock Inc. CEO Larry Fink has serious concerns about the here and now as well as the future. Don't Miss: The
Most people have some type of financial problems in their life. This holds among the rich, the poor, the middle class and pretty much everyone else. Adding to this challenge, most people run into the same advice time after time: Make more money and all your problems will go away. While it may be true that a higher income can solve some problems, it doesn't get to the root of the issues. And for that reason, they can continue to bubble under the surface, waiting to come out again in the future. D