A recent report finds 71% of Americans feel their debt is high enough to prevent them from saving or building wealth. CNBC’s Sharon Epperson highlights how widespread borrowing challenges leave many individuals struggling to move beyond basic bill payments.
Gen Z has experienced a sharper drop in credit scores than any other generation in the past year, and student loan debt appears to be the primary culprit. This development has raised concerns about the long-term financial health of the nation’s youngest working adults.
Retiring early—well before 65—has become a popular goal among young adults, fueled by the growing FIRE movement. This article explores the question of whether it’s truly possible to leave the workforce by 30, with ChatGPT offering a fresh perspective on financial independence.
As mortgage rates take a downward turn, homeowners and prospective buyers may find new opportunities to save. From potential refinancing perks to the prospect of purchasing a home at a lower rate, this shift in interest rates raises an essential question: Is now the best time to make a move?
As inflation creeps upward and economic uncertainty lingers, many Americans are embracing a financial strategy dubbed “revenge saving.” Mark Henry, founder and CEO of Alloy Wealth Management, sees this trend as a direct response to escalating costs of living and broader economic fears.
