When couples face financial stress, the most effective approach is to engage in open and honest communication. However, according to a study conducted by Cornell University, many couples tend to avoid discussions about money when they are experiencing stress. The research suggests that individuals who are feeling overwhelmed by financial issues are more likely to
admin
The average 401(k) savings rate has been steadily increasing over the years, according to reports from Vanguard and Fidelity. In 2023, the average combined savings rate was estimated at 11.7%, which matched a record high from the previous year. Similarly, a separate Fidelity report indicated a combined rate of 14.2% for the first quarter of
Target, the Minneapolis-based retail giant, has announced a new partnership with Shopify to bring fresh and trendy brands to its online marketplace. This collaboration aims to leverage Shopify’s platform to discover popular products and offer them to Target’s customers through its website. By teaming up with Shopify, Target is looking to diversify its online assortment
The NBC News Home Buyer Index has identified Iroquois County, Illinois as the least difficult market to buy a home in the U.S. when counties are sorted by specific factors. Among the contributing factors, Iroquois County ranked highest in terms of cost-effectiveness or affordability. This indicates that the housing market in this area is more
One of the stocks favored by the Street’s top pros is Delta Air Lines (DAL), America’s second-largest carrier. With an extensive network reaching more than 290 destinations across six continents, Delta is a key player in the airline industry. Analyst Helane Becker recently reiterated a buy rating on DAL after the company’s presentation at the
The latest craze on TikTok is the concept of a “no-spend month,” where users are encouraged to refrain from making any non-essential purchases for a specified period. This trend is seen as a way to detox from overspending and redirect funds towards long-term financial goals. The challenge can last for a week, a month, or
In response to the housing affordability crisis in the United States, there has been a significant increase in the construction of built-for-rent single-family homes, according to the National Association of Home Builders. As mortgage rates rise and buying a home becomes increasingly challenging, renting has emerged as a more viable option for many Americans. This
The housing market is currently facing a crisis with sales of previously owned homes at a 30-year low. In May, existing home sales remained essentially flat, decreasing by 0.7% from April to a seasonally adjusted, annualized rate of 4.11 million units. This represents a 2.8% decrease from May of the previous year. The sluggish sales
The U.S. Department of Education is considering extending the eligibility of the Public Service Loan Forgiveness (PSLF) program to include early childhood educators. This move comes as a response to the low wages many of these educators face and the student debt they accumulate due to pursuing higher education. Early childhood educators play a crucial
Forever 21, a legacy fast-fashion player, is currently facing financial difficulties that are causing the company’s sales to decline. The retailer, with over 380 stores in the U.S., has reached out to landlords to request a decrease in rent, with some landlords being asked to cut rent by as much as 50%. This move shows