Americans held $17.1 trillion in debt in 2023, a 4.4% increase from the year prior. While over 11 trillion of that amount is in the form of a mortgage, which is largely viewed as a good kind of debt, the average credit card debt Americans hold increased by 17.4%. Experts at Experian believe credit card…
If you have a road trip planned within or outside of West Virginia this year, there’s a good chance you’ll find yourself at a gas station at least once or more. There are thousands of gas stations across the United States offering places to fuel up, get snacks, and use the restroom. Despite the familiarity…
The United States is famous for being the birthplace of many billionaires — including the very first, John D. Rockefeller. However, the U.S. isn’t the only country where billionaires come from or choose to reside. Countries like China, Germany, India, and the United Kingdom have had their fair share of wealthy residents along with the…
Virginia and West Virginia have an even bigger gap in how far their money goes than you might have thought, according to a 2024 WalletHub report. In Virginia, people have the highest income on average than anywhere else in the nation. In neighboring West Virginia, residents have the lowest. Income Disparities To determine which states…
Virginians, you just might be in luck if you’ve been thinking about house flipping to earn some extra cash. A new study from ViewHomes Team shows that the success of flipping houses depends a lot on location, and one Virginia city ranks in the top five. Do you have a hunch about which city in…
There’s no doubt the last decade has brought a lot of change for middle-class West Virginia residents. One of the biggest is how far (or how no-so-far) their dollars stretch. Things that the average American used to expect now seem out of reach. From summer vacation to a college degree, middle-class necessities have quickly become…
While gas prices go up and down, inflation tends to be a one-way street. That’s one of the reasons why keeping up with new ways to stretch your dollars at the gas pump is important, especially for Virginians who spend dozens of hours in traffic each month. Another perk? Getting the most out of your…
You’ll be hard-pressed to find an area in the U.S. where Americans aren’t struggling with paying for higher grocery costs. But as a study by WalletHub reveals, increased food costs are impacting residents from certain states more than others. West Virginians spend more money on groceries compared to the percentage of their income spent than…
Big city living has its advantages, including more amenities like parks and businesses compared to smaller cities in the U.S. But when moving to some of the largest cities in the U.S., it’s vital to consider the seemingly ever-rising prices of apartment rentals. Spoiler alert: New York City and Los Angeles are off the table…
If you’re a middle-class Virginian worried about money, you’re not alone. When you’re making between $40,000 and $120,000, every dollar you bring in counts, and it’s important to maximize your income if you want to build wealth. However, if you’re like many Americans, you don’t have much experience in finance. It’s not something teachers typically…
