In December 2022, 25-year-old Carson was excited about starting a new job and moving out of state after finishing her graduate degree. She had also agreed to be a bridesmaid in a close friend’s wedding. But when the bridal party started planning a long weekend bachelorette trip, Carson had to put her personal finances first. … Read more
Americans with about 10 years to go before reaching retirement age are “critically underprepared,” according to a new study by Prudential. The study found that 67% of 55-year-olds surveyed said they fear they will outlive their savings, compared with 59% of 65-year-olds and 52% of 75-year-olds. To that point, with just a decade until retirement, … Read more
Tourists walk through a park in Chicago, on May 26, 2024. Jamie Kelter Davis/Bloomberg via Getty Images Many major U.S. cities have seen apartment prices soar in the past year, even as the typical American has seen pandemic-era rent inflation cool substantially. For example, renters in Syracuse, New York, saw monthly rents for one- and … Read more
Taylor Swift fans queue outside Murrayfield Stadium in Edinburgh, Scotland, on June 6, 2024. Her fans, known as Swifties, had made the superstar $200 million in Eras merchandise sales as of November 2023. Jeff J Mitchell | Getty Images News | Getty Images The price of ‘funflation’ Some ticket prices have surged in recent months, … Read more
Tax agents are warning workers to be prepared for a tax debt if they’re earning a wage from two or more employers and haven’t made the correct tax declaration. The number of Australians who hold two jobs has increased since coronavirus restrictions eased and cost of living pressures increased. The Australian Bureau of Statistics reported … Read more
South Australian homeowners will be slugged with an average $85 annual increase on their water bills as the state government looks to fund new water infrastructure needed for new housing. The increase will be offset with a relief payment for concession holders applied directly to bills. WATCH THE VIDEO ABOVE: SA homeowners hit with water … Read more
Changes set to come into effect from Monday will mean more money in the pockets of most Australian taxpayers. Stage 3 tax cuts were finalised in May’s federal budget, as well as a number of measures to combat the rising cost of living. Under the stage 3 tax cuts, taxpayers will receive an average tax … Read more
Australians are less likely to spend their tax returns on luxuries and more likely to use it to pay bills and for other necessities as the cost of living continues to skyrocket, according to a new survey. More than nine million Australians are set to receive a tax return this year, with the average individual … Read more
Hispanolistic | E+ | Getty Images A retirement savings crisis is looming for people who have 401(k) plans and other retirement balances woefully short of what they will need to live on. But some workers — called “super savers” — are managing to successfully grow their retirement nest eggs. Super savers are workers who are … Read more
The U.S. Department of Education in Washington, D.C. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images Two federal judges in Kansas and Missouri have temporarily halted significant parts of President Joe Biden’s new student loan repayment plan, putting debt relief for millions of Americans in jeopardy. The Monday evening rulings stop the U.S. Department … Read more
