Less than a third of Americans (31%) feel they have succeeded financially in life, according to a new study. A survey of 2,000 employed Americans, evenly divided by generation, found that of those who don’t think they’re there yet, just over half (54%) believe they are well on their way and will succeed financially. it … Read more
Putting people over profit can be surprisingly profitable. Tech entrepreneur Ankur Jain, 34, is worth an estimated $1.2 billion, according to Forbes. The former executive of dating app Tinder – of which he still owns 36% – went public in 2002 with his new company Bilt Rewards, a service that lets customers earn rewards for … Read more
Content provided by Bankrate.com. The New York Post and its content partners earn compensation from the affiliated companies listed below. This content does not include all financial offers available and compensation may affect how and where links appear in the content. We all spend one LOT time online – nearly seven hours every day, according … Read more
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% … Read more
Today’s high interest rates have created a ticking time bomb for many homebuyers who took out an adjustable-rate mortgage near the start of the COVID-19 pandemic. About 330,000 homeowners who took out an ARM in 2019 have already seen their five-year fixed-rate term end, and another 100,000 will join them next year, according to ICE … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
The top actuaries for Social Security and Medicare testified before a House panel Thursday about the financial woes of two safety net programs that could see key trust funds run out in about a decade, leaving beneficiaries to face with a benefit reduction if the funding gap is not resolved by Congress. The Trustees for … Read more