The good news is that 67 percent of Americans expect to to get a refund from the IRS this year. The bad news is that much of this money is going to be spent taking care of other debts, rather than be used for something fun.
While public transportation was the primary way Americans got around in the 1940s, the boom in car ownership eventually meant fewer people on subways and buses. But thanks to high gas prices and an improving economy, that seems to be changing.
Since the economy took a turn for the worse, more and more young adults are moving back home with their parents after graduating from college, and this could be one reason why: recent grads are making less now than they did a decade ago.
With the average price of gas approaching four dollars a gallon, the question becomes whether Americans are going to start to seriously changing their current driving habits and vacation plans, in light of this hike.
Stores like Walmart and Kroger are sick of the practice of “staking,” in which frugal shoppers combine store and manufacturer coupons in a way that makes their items cost next to nothing — or even, in some cases, actually earns them store credit or cash ba…
If you’re one of those impatient people who gets a refund anticipation loan (RAL) from a tax preparer, enjoy it while it lasts — after this year, those loans are going away. And it’s probably for your own good.
Many of the people who’ve taken part in Occupy Wall Street protests claim the wealthy — or, as they call them, “the one percent” — are selfish and unethical. And now a new study may have proven them right.