High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who has bought a home in recent years knows, interest rates have more than doubled since 2020. For a 30-year fixed-rate mortgage, you’re looking at an average interest rate of somewhere between 6% and +7% until later. So ...
Women would rather accept the “singles tax” than the couple. The “singles tax” — the highest costs singles pay to support themselves financially — recently rose to over $7,000, according to Zillow, but women would rather stay on their own. A new study conducted by Qualtrics on behalf of Intuit Credit Karma found that while many single women admitted that ...
Okay, boomer! Most Americans are overwhelmed and fed up with today’s tipping culture, but some are still more generous than others, according to a survey conducted by personal finance comparison site Bankrate. Nearly 3 in 5 adults have negative feelings about tipping – and dissatisfaction only increases with age. “Older Americans seem to have the most shock about the rising ...
Few words inspire less joy than “budget,” but as inflation rates rise and wages remain stagnant, many of us are looking for ways to save. There is no single wallet solution for saving. Rather, the key to financial stability and fat stacks of paper lies in understanding your spending habits, non-negotiables, and long-term goals, all qualifiers that can be found ...
If you feel like you’re getting slapped with extra card fees more and more – you’re not imagining it. As businesses face rising costs, a growing number are charging their customers an extra fee when they pay by card to cover the cost of processing that transaction. And while it may seem like an insignificant amount at the moment, studies ...
What would it take to feel financially prepared? New research has found that the average American feels prepared for the worst after saving $5,078. The survey of 2,000 employed Americans, evenly divided by generation (500 Gen Z, 500 Millennials, 500 Gen X and 500 Baby Boomers) found that Gen Zers need at least $4,286 in their bank account at all ...
Don’t let your money slip away! The easiest way to save money on coffee is to brew it at home, but some of us can’t live without Venti Java Chip Frappuccinos – a treat that has become increasingly expensive in recent years. Fortunately, a former Starbucks bartender reveals, you don’t have to give up your visits to the popular chain ...