Savings

As millions of student loan borrowers prepare to get their first student loan bills in more than three years, some said they would refuse to pay. In fact, one in four Americans with student loan debt said they’ll boycott student loan payments when they are set to resume on Oct.…

Taking out a 401(k) loan can help borrowers pay off immediate debt like credit cards and medical bills. But picking into these savings before retirement may not be the best option, and it could become a repeat move. In fact, more than half (55%) of participants who took at least…

Having a million dollars to your name can seem very unattainable. Without the help of family inheritance, or a lucky scratch ticket, how do you get there?  The good news is that it is possible to reach a million dollars without the help of some lucky lottery numbers. It is,…

If you feel stressed about the future of your finances, taking control of your money can alleviate that stress and guide you toward a future in which your money continues to grow with you.  The truth is that financially planning for your future does take time, but once you get…

Following the dawn of the COVID-19 recession, Americans collectively accumulated a record $2.1 trillion in excess savings, according to research by the Federal Reserve Bank of San Francisco.  The San Francisco Fed refers to excess savings as the difference between actual savings and the pre-recession trends, relative to previous recessions.…

Amid high inflation and rising interest rates, most Americans believe the economy is in bad shape, according to a poll from Quinnipiac University. In fact, 71% of Americans described the economy as either not so good or poor and 51% said it’s getting worse, the survey said. However, 60% of…

With Congress potentially unable to reach an agreement on federal spending legislation to be signed by the president, the government could shutdown on Oct. 1. And that’s a particularly important date for many student loan borrowers, as it marks the resumption of student loan payments following a federal pause that…

Amid economic uncertainty, the back-to-school season could have a significant impact on the wallets of American families with children, according to a survey by ScoreSense, a product of One Technologies. More than half (67%) of parents said inflation is affecting their ability to pay for their children’s education, school supplies…

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