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Personal Finance

Stories related to personal finance.

Cost of living makes retirement savings harder for younger generations, survey finds

Cost of living makes retirement savings harder for younger generations, survey finds

Respondents across generations highlighted inflation, consumer debt, and the need for emergency savings as major obstacles to retirement savings.

March 19, 2024 9:15pm EDT
Gen Z movers are heading to warmer climates, willing to pay higher housing costs: Zillow

Gen Z movers are heading to warmer climates, willing to pay higher housing costs: Zillow

Even though California has high rent costs, Gen Z is seeking out major cities, but some choose low-cost areas in Florida.

March 18, 2024 1:24pm EDT
Dollar Tree to offer $7 items, shifting away from single-pricing model

Dollar Tree to offer $7 items, shifting away from single-pricing model

Last June, the company steadily increased its maximum price limit by adding $5 items.

March 15, 2024 2:31pm EDT
Student loan payments hinder retirement savings – Here's how employers are helping

Student loan payments hinder retirement savings – Here's how employers are helping

Americans with student loan payments contribute at a lower rate and have smaller overall balances in their 401(k) accounts, a report from the Employee Benefit Research Institute (EBRI) study said.

March 13, 2024 5:24pm EDT
Inflation rises as gas prices and housing costs tick up, leaving Americans concerned

Inflation rises as gas prices and housing costs tick up, leaving Americans concerned

Inflation rose in February, leaving the Federal Reserve uncertain about future rate hikes.

March 13, 2024 11:20am EDT
High debt is causing more consumers to live paycheck-to-paycheck

High debt is causing more consumers to live paycheck-to-paycheck

Both high-income and low-income consumers are facing higher levels of debts, causing more people to live paycheck-to-paycheck.

March 12, 2024 7:28pm EDT
Here's where Americans are being stretched to the limit to buy a home

Here's where Americans are being stretched to the limit to buy a home

Homebuyers have seen the cost of buying a home double in the last three years – here's where they paid the most, according to a recent report by the National Association of Realtors.

March 12, 2024 7:18pm EDT
Nearly 32 percent of homes sold last quarter were new construction: Redfin

Nearly 32 percent of homes sold last quarter were new construction: Redfin

Prospective homebuyers are choosing new construction homes as sellers hold onto their homes, waiting for interest rates to drop.

March 11, 2024 6:20pm EDT
These 5 states rake in the most Social Security benefits

These 5 states rake in the most Social Security benefits

The average Social Security benefit is just under $2000, but there are ways to boost that amount.

March 11, 2024 5:51pm EDT
Credit card balances surge past trillion dollar mark as Americans struggle to build savings

Credit card balances surge past trillion dollar mark as Americans struggle to build savings

Credit card balances surged in the fourth quarter, but new card originations slowed as banks tightened lending standards, according to a recent TransUnion report.

March 7, 2024 8:16pm EST
Mortgage rates ease slightly as spring homebuying season nears: Freddie Mac

Mortgage rates ease slightly as spring homebuying season nears: Freddie Mac

The average 30-year fixed-rate mortgage was 6.88% for the week ending March 7, according to Freddie Mac's latest Primary Mortgage Market Survey.

March 7, 2024 8:02pm EST
CFPB finalizes rule capping credit card late fees at $8 on average

CFPB finalizes rule capping credit card late fees at $8 on average

A new CFPB rule caps credit card late fees to 25% of the required payment and ends the automatic inflation adjustment for these charges.

March 7, 2024 1:39pm EST
Doing taxes drives younger generations to tears

Doing taxes drives younger generations to tears

One in four Gen Z-ers responding to a recent poll said they'll need help from a therapist to recover from the experience of filing their taxes.

March 7, 2024 11:44am EST
Americans in this state are the biggest tax procrastinators: survey

Americans in this state are the biggest tax procrastinators: survey

Wyoming topped the list as the state with the biggest procrastination problem for the second year running, according to the IPX 1031 survey.

March 6, 2024 5:38pm EST
US Department of Labor announces $200 million in grants to help build apprenticeship programs

US Department of Labor announces $200 million in grants to help build apprenticeship programs

In-demand industries like healthcare, cybersecurity and education are getting millions in funding to develop apprenticeship programs.

March 6, 2024 3:24pm EST
North Carolina's insurance rates hike denied, rates in other states still rising

North Carolina's insurance rates hike denied, rates in other states still rising

North Carolina's homeowners insurance rates won't go up by the requested 42.2%, but Californians will see their rates rise by 30%, on average.

March 6, 2024 12:28pm EST
Atlanta home buyers need to earn almost $60K more in 2024 than 2020 to afford home

Atlanta home buyers need to earn almost $60K more in 2024 than 2020 to afford home

New research from Zillow does not bode well for those aspiring to purchase a home in Atlanta.

March 5, 2024 9:58am EST
Cities where Americans are under the most financial stress

Cities where Americans are under the most financial stress

WalletHub ranked 100 cities to determine which was populated with residents experiencing the highest levels of financial stress.

March 4, 2024 6:55pm EST
Mortgage rates continue their upward climb, prospective buying activity down

Mortgage rates continue their upward climb, prospective buying activity down

As interest rates and homeowners insurance rate rise, prospective buyers aren't buying as often.

March 1, 2024 7:36pm EST
Gas prices rise as drivers hit the road for spring break: AAA

Gas prices rise as drivers hit the road for spring break: AAA

The national average cost for a gallon of gas increased to $3.31 per gallon.

March 1, 2024 7:28pm EST
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Laundromat lewd acts case: Video leads to arrest near preschool

Laundromat lewd acts case: Video leads to arrest near preschool

As hunger surges in Georgia, hunters step in to feed thousands

As hunger surges in Georgia, hunters step in to feed thousands

Gainesville plays quarterfinal against Langston after GHSA suspension flap

Gainesville plays quarterfinal against Langston after GHSA suspension flap

Hall County sheriff steps away from duties, citing health issue

Hall County sheriff steps away from duties, citing health issue

Mattie’s Call issued as Clayton County police search for missing man

Mattie’s Call issued as Clayton County police search for missing man

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Shootout inside Conyers restaurant leads to standoff, suspect arrested

Shootout inside Conyers restaurant leads to standoff, suspect arrested

Bartow County deputy loses mother in Calhoun house fire

Bartow County deputy loses mother in Calhoun house fire

Stone Mountain residents fed up with ongoing car thefts

Stone Mountain residents fed up with ongoing car thefts

Baby born to brain-dead Georgia mom still in hospital months later

Baby born to brain-dead Georgia mom still in hospital months later

Mother ‘planning a funeral instead of Christmas’ after teen killed in Ellenwood

Mother ‘planning a funeral instead of Christmas’ after teen killed in Ellenwood

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