The American family is becoming a cash-only business.
The latest statistics indicates that while there has been a substantial increase in the amount of available consumer credit, people are simply not utilizing the convenience of credit cards to make their purchases.
Holiday spending is expected to increase this year, as a new report indicates that more Americans are finally seeing a little reprieve from the last four years of economic anxiety.
The price of turkey is going to be cheaper than expected this year, largely because many retailers were able to lock in the cost of the birds before the summer’s drought sent feed prices way, way up.
Hurricane Sandy may have wreaked havoc on the Eastern seaboard, but its aftereffects are providing drivers all over the country with a bit of relief at the pump.
In a possible sign of further economic recovery, the Bureau of Labor Statistics reports that wages are making a steady recovery across the board, with a great number of companies now offering higher paying jobs.
It is that time of year again, the time of year when auto dealers are desperately trying to rid themselves of the previous year’s models still taking up space on their lots so that they can make room for the new and improved editions on their way in from the manufacturers.
This, of course, benefits the consumer because there is a lot more room to “move and shake” with dealers in hopes of getting a
The season of giving could lead to a year of financial distress, as a recent survey indicates that holiday generosity is making more Americans bro-ho-ho-ho-ke by the beginning of the new year.
Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.
The chances of gas prices falling below the $3 mark anytime in the near future might seem unlikely, but analysts say that it could come close. Fuel costs, already dropping, are expected to continue to do so for the rest of the year.
The people at Wealth-X recently put some of the wealthiest people in the United States under their discriminating microscope in an attempt to flush out the richest people in each state. In order to qualify for their glorified rich list, individuals must be worth at least $30 million, a requirement easily met by all of the people on this year's list.
In these tough economic times, it's more important than ever to have a chunk of money squirrelled away somewhere. Of course, these tough economic times also make it really, really hard to actually do that.
So how is the typical American dealing with this paradox?