Search for: gen x

Gen X Wealth Doubled During Pandemic

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 their early mistakes with money, but the recent pandemic has proven a golden opportunity to create wealth for people 41-56 years old. The generation hit… Read more

Chris Illuminati 7 Oct
Generation X moving

Wealthy Gen Xers Are Moving To These 10 States In Droves

Want to know which states have seen the biggest influx of wealthy Generation X members in the last year? The 2021 report from the National Association of Realtors has all of the answers as to where Generation X is moving. According to a new report from the National Association of Realtors, Gen Xers made up… Read more

Chris Illuminati 11 Aug
how americans spend their money

How Americans Spend Their Money, Broken Out By Generation

When it comes to saving money, we’ve told you about how different generations of Americans are saving and building wealth. We’ve also told you about the average amount of debt each generation of Americans has. But how are different generations of Americans spending the money they bring it? And what categories are they spending that money… Read more

B. Carlisle 27 Sep
How much the average amount of debt each generation from Gen Z to Millennials to Gen X to Baby Boomer holds, including credit card debt, student loans, personal debt and auto loans.

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 hit a record high of $930 billion in the final quarter of 2019, CNBC reports. The average U.S. household holds more than $155,000 of debt,… Read more

Paul Sacca 25 Oct
artificial intelligence

How To Use Artificial Intelligence For Investing

The world of finance has been around for centuries but there are always new innovations that change the landscape. Recently, with the rise of the fintech companies just like Monzo, Chime, Aspiration, and Revolut, consumers have felt more in control in managing their financial accounts through self-service platform in the form of a simple mobile… Read more

C. James 21 Apr
Best online trading platforms

How Do Bonds Generate Income for Investors

We are all at least familiar with the concept of borrowing money. On a large scale, most of us have had to do it when buying a home or a car. It is likely we’ve all borrowed money from a friend on a smaller scale, as well. With that said, municipalities and companies do the… Read more

C. James 12 Dec
wealth generators review

Wealth Generators Review

As we grow our careers, some of us conclude that what we’re making at the end of the day isn’t enough. For those with a busy schedule, it may not be possible to search out job opportunities to increase income actively. One method of getting extra profits at the end of the month is to… Read more

C. James 16 Sep

How Much Do Millennials Have Saved For Retirement?

If you’re a millennial, there’s a good chance you’re putting some serious thought into your retirement savings. Retirement sneaks up fast and, well, us millennials aren’t getting any younger. So how much money do millennials have saved for retirement on average? Thinking about retirement savings is like a mountaintop – the destination is the same,… Read more

B. Carlisle 26 Jan
Money Mistakes That Will Wreck Your Retirement

8 Of The Worst Money Mistakes That Can Blow Up Your Retirement

Retirement is such an important chapter of life, but there are so many financial pitfalls that retirees can make. The phase of happiness that is expected to be relaxing can transform into an era of stress, uncertainty, and anguish. And you certainly don’t want to run out of money during retirement, do you? 8 of… Read more

Paul Sacca 17 Jan
retire-in-40s

40 Things To Start Doing Immediately If You Want To Retire In Your 40s

The American Dream has always consisted of grandiose visions of retired life. After working for decades breaking their backs, men and women envision a life of leisure at a later age. But why wait until it’s too late? Why not put in the work now to retire sooner, while you’re still young enough to do… Read more

C. James 24 Apr
money lessons millennials

3 Invaluable Money Lessons Millennial Parents Are Teaching Their Kids

Remember those couple of years when bashing millennials seemed to be all the rage on the internet? It turns out this generation of Americans might be the only age group with their heads screwed on tight, especially when it comes to money lessons and debt. Boomers are still taking on huge debt – even at… Read more

Chris Illuminati 2 Aug