“American households spend an average of $270.21 per week on groceries, with Hawaii residents paying the most at $334, according to U.S. Census Bureau data. Since August 2020, grocery prices have risen by 20%, the steepest inflation since the 1970s, with shipping costs being the primary driver. Farming and food production-based economies have kept grocery […]

When it comes to holiday spending projections this year, Millennials are in the lead, with an estimated 63% planning to spend the same or more compared to last year, according to a recent survey. Their younger Gen Z counterparts, however, are showing more caution, with 71% cited as expressing concerns over inflation and its impact on […]

“Tupperware Brands filed for Chapter 11 bankruptcy protection late on Tuesday, succumbing to mounting losses amid poor demand for its once-iconic food storage containers. The company’s popularity exploded in the 1950s as women of the post-war generation held ‘Tupperware parties’ at their homes to sell food storage containers as they sought empowerment and independence. However, […]

“Buca di Beppo, the popular Italian-American restaurant chain, has filed for Chapter 11 bankruptcy protection. This move comes on the heels of closing 13 underperforming locations across the United States.”

According to a new poll, “a majority of middle-class Americans are experiencing financial hardship that they expect will continue for the rest of their lives. Findings published by the National True Cost of Living Coalition show that 65% of Americans whose incomes are 200% above the national poverty line – which is about $62,300 for […]

Have you ever thought, “Oh, that will never happen to me…”? If we’re honest, we all have – and then inevitably, never happens. You lose that job that was so secure. You receive the diagnosis that you never thought you would receive – and all the bills that come with it. Someone you love dies […]

Even casual social media users are all too familiar with the endless stream of viral products infiltrating their feeds. We are constantly encouraged to buy more – to buy faster. According to a recent Bankrate survey “Americans spend around $754 a year on spur-of-the-moment purchases made on social media platforms”. Yikes! While that may not […]

“As the calendar flips to a new year, the desire for a fresh start echoes within us all. After a month of disruptions, from irregular sleep patterns to indulgent spending, the longing for routine and a renewed perspective is palpable,” writes Dawn Carroll. For many, the best place to start is with a financial wellness […]

As anticipated, “U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops…,” reports Dan Burns for Reuters. Top analysts anticipate the climb in consumer and commercial bankruptcy filings to continue in 2024 as well, due to “…the runoff of pandemic […]

Domestic violence doesn’t always stop at physical abuse. In fact, statistics show that financial abuse is present in 99% of domestic abuse situations. So what is financial abuse, and how do you protect yourself? For starters, knowledge is power. Here are key indicators of financial abuse to look out for . If you are someone […]