The numbers are here - Americans spent $61,224 on average in 2018, a slight increase from 2017. Where exactly was that money spent? The U.S. Bureau of Labor Statistics has issued its most recent consumer spending report with the findings of spending per consumer unit.* Where is our money going?... read more →
Nov
07
Nov
01
Cost and Lifestyle Comparisons of City versus Country Living Considering making a move to the country? Maybe you want more quiet days, or you want to reduce your spending. Or maybe you just want a change in the pace of life. No matter your reasons, relocating to the country extends... read more →
Oct
07
Need a vacation? There’s nothing worse than feeling guilty after a trip for spending too much. But you don’t need to spend thousands on airfare and hotels to take time for yourself. The below tips are an easy way to take a vacation while staying within your budget. How (and... read more →
Sep
30
The most common natural disaster in the United States? Flooding. And it’s also the most costly, according to FEMA, where one inch of water can amount to $25,000 in damage. Specifically, one natural disaster that has the potential to bring flood damage is a hurricane. According to the National Oceanic... read more →
Sep
03
Are parents paying their adult children’s bills, even despite them being employed? Short answer: Yes. According to a 2017 survey of 800 millennials by Instamotor, close to a quarter reported their parents paying at least one of their bills. Each person surveyed was employed - working at least 35 hours... read more →
Aug
26
Knowing where we spend our money is the most important step for knowing where to begin with saving. So, where does our money go? The 2018 Mid-Year Consumer Expenditure Report from the Bureau of Labor Statistics (BLS) looked at the average spending of surveyed participants between July 2017 and June... read more →
Aug
20
A new study highlights how our age might affect our well-being during and after a recession. When a recession occurs, which age group of consumers is most affected both during and after it? Does it affect the well-being of every age group similarly or are some affected more severely? These... read more →
Aug
05
How are adults 65 and older spending their time? The U.S. Bureau of Labor Statistics found that in 2018 adults in this age group are primarily sleeping and watching TV, with little socialization. Specifically, the report shows that adults 65+ are sleeping almost 10 hours per day, watching TV for... read more →
Jul
26
Saving for retirement is not a “set it and forget it” type of approach. It helps to review your plan annually to make sure it’s still relevant to your lifestyle and spending habits. If you’ve already been setting funds aside, but still have a few years until you put the... read more →
Jul
08
You know those times when you have a million places to be and things to do, and then remember you still need to go grocery shopping? Grocery delivery services are becoming more popular for helping to save you time. While there is value in getting groceries brought directly to your... read more →
