While many Americans are feeling the effects of the rising cost of living, some households are thriving. According to SmartAsset, high-earning American households can significantly impact the tax base and finances within a state. To determine the states that high earners are moving to the most, SmartAsset examined the inflow and outflow of tax filers…
When it comes to money, do you practice good habits, or do you wish you had a better handle on your bank accounts? While some people may feel comfortable with their finances, even the most careful budgeters and shrewd investors can make mistakes from time to time. Frequent money errors Americans make range from minor…
According to financial experts, it’s undeniable: The rate of inflation has significantly declined. However, that doesn’t mean things are suddenly cheaper, and 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…
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…
With living costs increasing in the United States, some Americans dream of relocating for a more affordable lifestyle, and Europe is often a contender. But will being an expat in Europe save you money in the long run? Or does it cost relatively the same once you consider exchange rates? SmartAsset examined living costs across…
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…
Gone are the days when a five-figure salary provides a comfortable living for a family of four, based on a recent SmartAsset study. So just how much money does a family need to live a comfortable American life? The number varies drastically depending on the state you live in. Living Large (Enough) SmartAsset set out…
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…
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…
Working in the service sector isn’t easy. You often have to deal with rude patrons, you might spend hours on your feet, and some people don’t tip as generously as they should. While there are many bad tippers in the world, humanity is always trying to redeem itself. Generous people exist, and sometimes they show…
