According to the American Bankers Association, 73% of American families have at least one credit card. That means the majority of Americans use credit cards for purchases, at least now and then. However, even if you’ve been with a specific credit issuer for decades, you probably don’t know everything there is to know about your…
When you think of the ultra-wealthy, images of Los Angeles and New York City probably come to mind. But the truth surprises many: Multi-billionaire Elon Musk lives in a small house in Texas, and Warren Buffet lives in the same Omaha, Nebraska, home he purchased in 1958. For these reasons, the richest of the rich…
Even though inflation is easing, many Americans still feel the financial squeeze. Yet, there are six international cities where the cost of living index surpasses that of any city in the United States. To determine the top 30 cities with the highest cost of living indexes, crowdsourcing database Numbeo compared the cost of living in…
Recent data indicates a decline in inflation. However, a substantial number of Americans continue to be worried about an unsteady economy that could hurt their finances. The following statistics shed light on why the public’s perception of the nation’s economic condition diverge from expert analyses. 1: Rising Food Costs According to polls, 67% of Americans…
Higher education is often a ticket to a better job, a bigger salary, and a fuller life. But it’s not the only path to success. As these Americans prove, with enough talent, determination, and luck, you don’t always need a college degree to be sucessful. 1: Mark Zuckerberg Meta founder Mark Zuckerberg is worth more…
Purchasing a home is many Americans’ life dream. But it can be hard to know where to start. This list will help ensure you have your ducks in a row before making what could be the biggest purchase of your life. 1: Lending a Hand Did you know that about 20% of Americans have errors…
If you know, you know: Trader Joe’s is a goldmine of unique groceries that have won the hearts of many loyal shoppers. If you’re visiting Trader Joe’s for the first time, here’s a guide to help you save money and uncover the hidden gems that are worth adding to your shopping list. 1: Frozen Foods…
Six-figure salaries are often a sign of success. But $100,000 isn’t that much money in certain contexts. Pew Research Center analyzed trends among six-figure earners, and these are some of the key findings. 1: They’re Older Than You Think Celebrities and tech moguls make it seem like growing rich at the ripe old age of…
In the last decade, Elon Musk became one of the richest people in the world. But how did the co-founder of Tesla and SpaceX make his billions? Some consider Musk a savvy businessman, while others think he’s a controversial figure. Musk’s journey in building his net worth is one that’s made headlines. The billionaire’s actions…
Most Americans have at least one bank account and many also have personal loans and credit cards. That means banks are a near unavoidable part of life. However, for many of us, banking and finances are confusing. It’s easy to lose confidence when banks confront us with bizarre terms and percentage-based math. Even if you’re…
