consumption

Households earning $100,000 or more cut spending more aggressively.  What is going on?

Households earning $100,000 or more cut spending more aggressively. What is going on?

We want to hear from readers who have stories to share about the effects of rising costs and changing economies. If you want to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A journalist can be in contact. High-income households are feeling the pinch of inflation. …

Households earning $100,000 or more cut spending more aggressively. What is going on? Read More »

Households earning $100,000 or more cut spending more aggressively.  What is going on?

Households earning $100,000 or more cut spending more aggressively. What is going on?

We want to hear from readers who have stories to share about the effects of rising costs and changing economies. If you want to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A journalist can be in contact. High-income households are feeling the pinch of inflation. …

Households earning $100,000 or more cut spending more aggressively. What is going on? Read More »

“I want to meet someone rich.  Is it so bad?  I'm 46, make $210,000, and own a $700,000 house.  I'm tired of dating "losers".

“A friend advised me to find a husband”: I am almost 50 years old and I am about to retire. Would it be a mistake to get married and mess up my finances?

I am a single woman in my late 40s with no children. At 50, my federal agency will allow me to retire with a full pension. I’m planning on doing this because I have a large amount saved in my savings plan, and I’m going to be moving to a southern state, probably Georgia. A …

“A friend advised me to find a husband”: I am almost 50 years old and I am about to retire. Would it be a mistake to get married and mess up my finances? Read More »

“I want to meet someone rich.  Is it so bad?  I'm 46, make $210,000, and own a $700,000 house.  I'm tired of dating "losers".

“I want to meet someone rich. Is it so bad? I’m 46, make $210,000, and own a $700,000 house. I’m tired of dating “losers”.

I’ve reached the point in my life where I want to settle down, but I recently had a disagreement with a friend about my priorities, and I’d appreciate your insight. I’m 46, single, and make $210,000, not including my annual bonus. I have paid off my student loans and I own my house. He is …

“I want to meet someone rich. Is it so bad? I’m 46, make $210,000, and own a $700,000 house. I’m tired of dating “losers”. Read More »

This state has the best personal finance education in the US - you can tell by its average credit score

This state has the best personal finance education in the US – you can tell by its average credit score

Financial literacy is key to managing money, but how well are states preparing their students? Tennessee tops the list of US states that offer the best financial education to its residents, according to a new report from financial services firm OneMain Financial. More than 99% of public high school students in Tennessee have what is …

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FTX bankruptcy, Meta layoffs: Equity investors could whistle past the graveyard

FTX bankruptcy, Meta layoffs: Equity investors could whistle past the graveyard

Investors stunned by last week’s strong rally in stocks may want to listen to Tom Waits’ song, 1978’s “Whistlin’ Past the Graveyard,” to sober up the dangers that still lurk. The surge in stocks catapulted the S&P 500 SPX index, +0.92% TO SPY, +0.97% almost back to the 4,000 mark on Friday, also taking it …

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5 Questions to Ask Your Financial Advisor About Inflation Now

5 Questions to Ask Your Financial Advisor About Inflation Now

Eurozone inflation rose to 10.7% in October from a year ago, the highest in the currency’s 23-year history. US inflation was 8.2% in September, still at its highest level in 40 decades. In the UK, the rise in the cost of living was 10.1% year-on-year in September. In Singapore, it was 7.5%. Global prices began …

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Personal savings have plummeted - how to boost your savings in a recession

Personal savings have plummeted – how to boost your savings in a recession

As the red flags go away, that’s a big deal. Americans’ personal savings have plunged this year, hitting $629 billion in the second quarter of 2022, according to data from the Federal Reserve Bank of St. Louis. That’s down from $1.98 trillion in the second quarter of 2021, and down from recent highs of $3.99 …

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“We Will Not Survive Our Money”: How Can We Give Our Nieces and Nephews $10,000 Without Offending the Rest of the Family?

“We Will Not Survive Our Money”: How Can We Give Our Nieces and Nephews $10,000 Without Offending the Rest of the Family?

My husband and I were told that we had accumulated a large enough nest egg that we would not outlive our money. We had always intended to recognize our nieces and nephews in our wills with a modest donation ($10,000 or less). However, we hope to have many years ahead of us. Most of our …

“We Will Not Survive Our Money”: How Can We Give Our Nieces and Nephews $10,000 Without Offending the Rest of the Family? Read More »