consumer spending

Consumers are starting to act as if recession is imminent

Consumers are starting to act as if recession is imminent

Text size Consumer dissatisfaction is worse among households earning less than $50,000 a year, writes Dana M. Peterson. Frederic J. Brown/AFP/Getty Images About the Author: Dana M. Peterson is chief economist at the Conference Board. Consumers sense that a recession is imminent and are beginning to behave accordingly. They become more and more unhappy by …

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How two teachers killed a $53,000 debt monster in 3 years

How two teachers killed a $53,000 debt monster in 3 years

This article is reproduced with permission from NerdWallet. In this series, NerdWallet sheds light on people’s debt repayment journeys. This month, Jae Bratton shares how she and her husband focused on erasing debt, fueled by the hope of starting a family. My story of letting go of over $53,046 in debt over two teachers’ salaries …

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How two teachers killed a $53,000 debt monster in 3 years

How two teachers killed a $53,000 debt monster in 3 years

This article is reproduced with permission from NerdWallet. In this series, NerdWallet sheds light on people’s debt repayment journeys. This month, Jae Bratton shares how she and her husband focused on erasing debt, fueled by the hope of starting a family. My story of letting go of over $53,046 in debt over two teachers’ salaries …

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How to know you're on the right track with your retirement savings, according to a financial expert

How to know you’re on the right track with your retirement savings, according to a financial expert

Investing money for retirement can be daunting, especially since it’s common for future retirees to wonder if they’ll have enough money to see them through their golden years. There are a few rules of thumb to help you determine where you are at with retirement savings. An analysis found that you would need to have …

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Retail sales jumped 1.3% in October as consumers continued to spend despite inflation |  CNN Business

Retail sales jumped 1.3% in October as consumers continued to spend despite inflation | CNN Business

Minneapolis CNN Business — US shoppers spent more in October, showing continued resilience amid still-high inflation and an early start to the holiday shopping season. US retail sales rose 1.3% in October, the Census Bureau reported Wednesday. It’s the biggest monthly gain since February and better than 1% economists had expected. consumer spending was flat …

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These Four Free Personal Finance Courses Can Set You Up for Financial Success in Three Hours or Less

These Four Free Personal Finance Courses Can Set You Up for Financial Success in Three Hours or Less

One of the most essential parts of an individual’s life is learning about personal finance, a term used to describe how one manages one’s money. It basically encompasses everything from how you earn and spend your money to how you save, invest and borrow it. Despite its importance in our daily lives, personal finance is …

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New research shows 58% of adults who don't work with a financial planner feel anxious about their finances

New research shows 58% of adults who don’t work with a financial planner feel anxious about their finances

Navigating your personal finances is something easier said than done, especially when you’re trying to work toward multiple financial goals simultaneously, like building an emergency fund while paying off debt. For this reason, it can often be helpful to get a second opinion and seek advice from a financial professional on your next steps. According …

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