Intuit Credit Karma
Owning a home is one of the most effective ways to build wealth in America. In fact, the median net worth of U.S. homeowners is 40x higher than that of U.S. renters. Those priced out of homeownership, and therefore the opportunity to build equity, are forced to find other housing solutions, which most often includes […]
When people hear the term “net worth”, names of distinguished CEOs and famed celebrities likely come to mind. That’s because the term “net worth” is most often searched when investigating the wealth of a random celebrity or the richest person in the world. However, despite Americans’ fascination with other people’s net worth, it’s not a […]
March 14 represents how far into the year women would need to work in order to earn the same amount of money as men in 2022. That’s because women are still paid less than their male counterparts and stand to lose up to $1 million dollars throughout their career as a result of the pay […]
Spending behavior is often driven by emotions, not logic. This was especially true during the pandemic, which surfaced feelings of anxiety, uncertainty and boredom among consumers. Now, with layoffs and concerns of a potential recession, emotions could be running high driving consumers to spend more money to cope with their emotions – and even take […]
One-in-five respondents reported they have outstanding federal student loans 53% of respondents with outstanding federal student loans say their financial stability depends on their loans being forgiven About a quarter (26%) of respondents with outstanding federal student loans say the money they previously paid toward their student loans is now being used for bills and […]
Nearly half of first-generation Americans provide financial support to their parents and/or extended family (47%) 57% of first-generation Americans feel obligated to financially support their family Nearly a quarter of those supporting their families financially say that doing so is holding them back from paying for basic necessities (24%) First-generation Americans, those who are born […]
30% of Americans say they’re reliant on their tax refund to make ends meet in 2023, especially Gen Z and millennials Despite fewer pandemic tax credits, 29% of Americans expect a higher tax refund this year Nearly a quarter of American taxpayers plan to use their tax refund to pay for necessities (24%) It’s the […]
More than two-thirds of Americans’ finances did not improve or stayed the same in 2022 (68%) 76% of Americans made a financial mistake in 2022. The most common mistake? Not saving any money (40%) More than money mistakes, 35% of Americans developed bad financial habit(s) in 2022 Say goodbye to 2022 and all of the […]
31% of parents with children over the age of 18 are currently supporting their children financially 69% of the parents who financially support their adult children say it causes them financial stress Nearly a quarter of parents who financially support their adult children say they provide them with a regular allowance or checks (24%) Gone […]
Roughly half of Gen Z and millennials plan to travel home for the holidays, many on their parents’ dime 41% of Zoomers who are traveling home for the holidays expect their parents or family members to pay for their travel accommodations For those not traveling home for the holidays, a quarter blame rising gas prices […]