Let’s start with the good news: Consumer debt grew at a slower rate in 2023 than in 2022. And now, for the not-so-great news: Personal debt still increased by 4.4% in 2023. Consumer credit reporting company Experian ran a study shedding light on numerous aspects of personal debt among Americans. For the purposes of their…
While the average salary in the United States continues to increase, this trend doesn’t apply to every occupation. Some jobs consistently earn low-paying salaries that fall well below the national average. Many low-paying professions include entry-level jobs that don’t require a degree, licensure, or extensive training. They include occupations in a range of industries, including…
Credit cards can be great financial tools when in the right hands. You can use them to build your credit score and rack up rewards like airline miles or cash back on purchases. While it’s tempting to use your credit card for every major expense, there are some things you’re better off paying in other…
Car insurance rates are on the rise across the U.S, leaving drivers searching for ways to save money. Insure.com analysts uncovered 13 vehicles that offer the cheapest insurance rates. If your car isn’t on Insure.com’s list, we’ll cover some tips you can use to keep your auto insurance costs lower. Finding the Cheapest Cars To…
Americans used to feel good about rounding up their bill by a few dollars, helping the person serving them. Now, these same people are viewed as stingy. You’ll be hard-pressed to find an American who doesn’t work in the service industry who’s happy with the current tipping trend in the United States. There’s so much…
With the rise in cost of living that the United States is experiencing, saying a job is overpaid is a bold statement. But the key is in comparison. Case in point? Why should a mega-church preacher make more money than a high school teacher? As this list shows, some professions offer an overinflated salary compared…
Shrinkflation is one of the most annoying corporate tactics shoppers face. Nothing is worse than feeling tricked, and that’s exactly what shrinkflation does. Your favorite cereal, laundry detergent, or ice cream might look just like it did yesterday, but peer a little closer and you might find there are fewer ounces in the same package….
Here’s a sobering statistic: Consumer debt in the U.S. increased by 4.4% between 2022 and 2023. The total amount of debt Americans owe? $17.1 trillion. While the majority of that $17.1 trillion is tied to mortgages, $1.07 trillion is in credit card debt, which is traditionally considered among the worst kind of debt. That represents…
Unemployment, inflation, and the cost of living affect American wallets. Nevertheless, it’s sometimes difficult to see how things have changed in the U.S. over the last 60 years. But one thing is certain: There’s been a significant change in how much disposable money Americans have to spend. Looking as far back as the early 1960s,…
If you inwardly cringe when the cashier tells you the final amount of your grocery haul, you’re not alone. With recent inflation driving up the costs of many foods, it’s more important than ever to know about ways you can save money on your grocery bill. Sometimes, that means taking a hard look at your…
