25% Of Americans Have Holiday Debt from Last Year

For some shoppers, the upcoming holiday season may lead to piling on more debt. About 25% of Americans are still paying off holiday debt from 2022, according ...

Historic Rise in Debt Among Younger Adults

A Wall Street Journal article begins with this story about the increased debt load many Americans are carrying:

Danielle Smith and her family thought they ...

Americans Plan to Scale Back on Holiday Spending This Year

A Gallup poll taken back in October asked Americans to predict how much they’ll spend on Christmas gifts this year. The average came out to $805. ...

How Long is a Trillion Seconds?

The New York Times published an article explaining large numbers like a million, billion, and trillion. The article was titled “Just how long is ...

Millennials Are Spending More on Coffee than Retirement Plans

If you've ever had to wait in a long line at your local Starbucks, you probably already know—millennials spend a lot of money on coffee. But ...

U.S. Hit by 'Cost Disease'

There might be good reasons why many of us feel stressed by financial challenges. Economists have a term for our rising costs—they call it "Cost ...

Nearly Half of Americans Ashamed of Debt

There is, apparently, a stigma attached to carrying credit card debt. More than a third of Americans say they would be embarrassed to let others know ...

Researcher Claims Credit Cards Make Us Forgetful

In the early 1990s, a behavioral scientist at the University of Chicago named Dilip Soman set out to study the effects of consumer credit, on the human ...

Many Americans Have No Financial Plan

Northwestern Mutual sponsors an annual study exploring the state of planning in America today that provides unique insights into people's current attitudes ...

Lottery Winners Who File for Bankruptcy

If you happened to win the lottery, your financial situation would improve, right? Actually, according to a recent study, the answer is maybe not. ...