Intuit Credit Karma
Gen Z is racking up credit card debt at a faster rate than previous generations, with balances increasing 4.23% from January to March 2023. This comes at a time when American credit card balances hit a record $1 trillion, according to a report from the Federal Reserve Bank of New York. While some young folks […]
Since the launch of ChatGPT, generative AI (GenAI) has taken the world by storm. Early adopters have used the tool to generate everything from music and art to breakup texts, emails and performance reviews, demonstrating there’s seemingly nothing the human-like tool can’t do. Now, as companies work to implement GenAI into their products, many await […]
The Supreme Court’s decision to strike down President Biden’s plan to forgive a portion of federal student loan debt for nearly 37 million borrowers means those borrowers will need to resume monthly payments after a 3+ year hiatus. This is grim news for American student loan borrowers who don’t feel confident in their ability to […]
Talking about money is often considered taboo. This leads many people, including couples, to avoid the topic altogether, which can put a strain on their relationships. This is especially true for younger generations who are just starting out on their financial journey and potentially still on the market. As they weed through potential partners, many […]
Homeowners and prospective homebuyers are left on the sidelines as mortgage rates near the highest point in more than two decades. To combat rising rates, many existing homeowners are willing to consider staying put – perhaps especially those who were able to secure record low mortgage rates during the pandemic. Right now, nearly three quarters […]
Dining out with friends is all fun and games until the bill comes and groups are left to decide how they’d like to split the tab. Does the person who ordered more pay more? What about the person who decided not to imbibe, should they pay less? Then there’s the question of who puts their […]
Young Americans are losing friends over their spending habits and it’s putting a damper on their finances. According to a study conducted by Qualitrics on behalf of Intuit Credit Karma, more than one-third of Gen Z and millennials (36%) have a friend who drives them to overspend. This is leading many to take on debt […]
The housing market has been in an ongoing state of turbulence, resulting in an affordability crisis that is likely keeping many prospective buyers on the sidelines. As buyers face decades-high mortgage rates, many Americans are met with concerns that they’ll never be able to afford a home, while others are making sacrifices to achieve the […]
The impact of the 2021 “wedding boom” has resulted in continued demand, driving up costs across the industry. Regardless, some brides and grooms feel an increased pressure to keep up with appearances, planning elaborate weddings among the likes of influencers and celebrities – hello, Sofia Richie – or even random people on social media thanks […]
Gen Z (born between 1997 and 2005) is doing things differently, bucking societal norms, like the traditional nine-to-five, and forging a new path forward. As part of this, Gen Z has started to gravitate towards trends like the FIRE movement (financially independent, retire early) and are looking for ways to maximize their earnings and limit […]