All Blogs on: Economy

With all the recent talk of a recession looming, learn what you can expect. There are signs that the next recession will hit next year, according to economic forecasters. Moody’s Analytics’ chief economist Mark Zandi cautions that a recession may be on the horizon. Goldman Sachs CEO David Solomon also told Reuters there is a […]

Consider these inflation tips to help you save. Although, inflation has cooled off some, sitting at 7.7% as of October 2022. That’s up from 5.39% last year. Budgeting right now is challenging more than ever. There are things you can do to save money while you’re waiting for prices to get back to normal. Read […]

Whether it’s a popular music artist or Disney On Ice, experiences can provide once-in-a-lifetime memories you and your family will have forever. That could be why 76% of all consumers would rather spend their money on experiences than on material things. If you are planning on buying tickets to a sporting event, concert, or other […]

Inflation: Where Consumers Plan to Cut Spending If you’re living paycheck to paycheck, inflation has probably made life even more challenging for you. With the Consumer Price Index jumping 8.6% year over year in May, money is even tighter for many families. This is the fastest rate of increase in four decades. If you’re starting […]

How to Cope with the Rise in Child Care Costs Parents facing rising inflation are also battling another high cost: child care. About 63% of parents report child care has become more expensive this past year. Over half of parents surveyed (59%) say they are more concerned about child care costs now than they were […]

Small businesses have been through a lot in the past couple of years. In 2020, the pandemic forced many businesses to close. In 2021, many small businesses faced hiring issues with The Great Resignation creating a hyper-competitive labor market. This year, inflation is causing problems for American entrepreneurs. One in three small businesses (33%) now […]

Discover whether mystery shopping is right for you. There are many ways to earn money on the side to help fund expenses, cover bills, and pay off debt faster. However, some side gigs require you to own a car, purchase expensive equipment, or have a certain skillset. Mystery shopping is a good side gig because […]

Why inflation rising impacts you and how to deal with it. According to National Retail Federation Chief Economist Jack Kleinhenz, consumers should spend more money at restaurants and less on goods from the internet to do their part to help reduce inflationary costs to the economy. “What we have learned is that each successive variant […]

Learn what money habits are draining your bank account. You might be aware of expensive habits, but are you aware of the small ways you are neglecting your finances? Minor spending here and there could be preventing you from reaching financial goals, or even worse, causing you to accumulate debt. Here are some bad money […]

Flipping a fixer-upper can be a lucrative investment if you buy the right house. Watching home renovation shows can get you excited about house flipping, but there is a lot to know before you purchase a fixer upper. A fixer-upper can cost a lot less than a new build or recently remodeled home, giving the […]

Online retailers tricking you? Don’t let speed and convenience convince you to spend more. Did you overspend again? If you are constantly over budget, you may be falling for online retail tricks. According to Digital Commerce 360, U.S. shoppers spent more than $861 billion online in 2020, which represents 44% year-over-year growth. Many shoppers have […]

Clothing rental companies are bouncing back after the pandemic, but is renting clothing a good idea? The clothing rental industry was growing prior to the pandemic with companies like Nuuly, Armoire and Gwynnie Bee joining market leader Rent the Runway in the fashion rental space. In 2019, the global online clothing rental market was estimated […]