Personal Finance
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The Average Net Worth By State, According To Recent Data
If we love one thing, it is talking about net worth. If we love two things, it is long lists that are broken down by state. Today, courtesy of Personal Capital, we have a marriage of those two things with…
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Winning Lottery Ticket Worth $1M Almost Discarded by Florida Woman
Winning the lottery is a dream. And for one Florida Woman, that lottery dream almost became a nightmare. Almost! Jill Rowell, a 52-year-old woman from Grand Ridge, Florida, almost threw away a scratch-off lottery ticket worth a million dollars. The…
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Millennials And Gen Z Account For Only 5% Of All The Wealth In The U.S.
The rich get richer and people under 40 get poorer and poorer. At least that is what data from the Federal Reserve is telling us. The wealth distribution by age in America has been a hot topic for years. And…
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How Much Money Will It Take For You To Retire? Here’s A Quick Way To Calculate Your Freedom Number
Retirement. We think about it almost every day. Periodically, we ask ourselves all the hard questions. Are we doing enough to plan for it? How can we make sure our money doesn’t expire before we do? And, most importantly, how…
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New Car Prices Dropped By More Than $700 in February
If life feels more expensive than it used to, that is likely because it is. From home prices; to groceries; to clothing; to buying a new car, everything hits your wallet a lot harder than it used to. Turns out…
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Gen Z Is Doing A Better Job Saving For Retirement Than Millennials – Here’s By How Much
Gen Z might catch some flack for being “the TikTok generation”, but it seems like they’re giving good ol’ millennials a run for their money when it comes to thinking about retirement. While the millennials were all about avocado toast,…
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Wealth Distribution In The U.S. Since 1989 By Race, Age, Education And Generation
We’re not sure how long the Federal Reserve has been tracking wealth distribution data, but we took a look back to the earliest year they have on their website: 1989.…
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TikToker Explains How Tax Brackets Actually Work In Under One-Minute
Most people have heard of tax brackets, but do you really understand how they work? Understanding tax brackets is an important part of one’s personal financial literacy, especially when calculating…
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Income Needed To Afford A House In 2022 Vs. 2020 Shows How Much Havoc Inflation Has Caused
It’s the word that’s on the tip of everyone’s tongue right now: Inflation. Inflation is the dominant storyline of 2022, with consumers feeling the squeeze in their wallets. Inflation isn’t…
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Warren Buffett Says He Wouldn’t Buy All The Bitcoin In The World For $25
Warren Buffett won’t be investing in bitcoin anytime soon. In fact, you could practically gift the legendary investor cryptocurrency and he wouldn’t want it. Buffett’s repudiation of bitcoin came during…
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This 42-Year-Old Will Retire Next Year With A Net Worth Close To $5M — Here’s How He Did It
Welcome to Money Talks, a millionaire interview series featuring anonymous millionaires to learn more about how people make money and accumulate wealth. Today’s edition of Money Talks features a man who calls…
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4 Critical Questions To Ask Before Buying A House In 2022
Are you considering taking the plunge into homeownership? There are several factors in deciding whether right now is the best time for you to buy a house. Here are four…
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The 10 US Cities That Had The Largest Spike In Home Prices
The real estate market has been booming in 2021. Home prices in August were up nearly 20%, according to data from S&P CoreLogic Case-Shiller. There were certain cities where house…
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Here’s How Much Average Debt Americans Have At Every Generation
Americans added $660 billion in debt during the pandemic, according to personal finance site Money Geek. But Americans were piling on debt before the pandemic as U.S. credit card debt…
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Gen X Wealth Doubled During The Pandemic – Here’s How
According to new data from the Federal Reserve, Gen X is finally getting better with money – both in earning and saving. Generation Xers will be the first to admit…
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New Survey Shows How The Pandemic Changed The Way People Think About Retirement
The pandemic completely changed the way people view the world but did the global crisis change the way people think about retirement? According to a Personal Capital and Kiplinger’s Personal…
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Remember How Americans Paid Off Billions In Credit Card Debt Last Year? Yup, We Blew It Already
For a few months during the height of Covid and mandated shutdowns, the entire country was figuring out a way to pay off a huge chunk of debt. U.S. consumers…
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U.S. Map Shows Home Equity Increase By State Over The Past Year
Thanks to low interest rates and high demand fueled by the pandemic, the housing market across the U.S. has been on absolute fire over the past 12 months. This increase…
