Money News Research and Studies - Study Finds https://studyfinds.org/category/money/ Science news and product reviews. Tue, 05 Mar 2024 22:07:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://studyfinds.org/wp-content/uploads/2021/05/cropped-site-icon-1-1-32x32.png Money News Research and Studies - Study Finds https://studyfinds.org/category/money/ 32 32 Top 7 Best Side Hustles To Put More Money In Your Pocket https://studyfinds.org/best-side-hustles/ https://studyfinds.org/best-side-hustles/#respond Sat, 09 Mar 2024 17:30:33 +0000 https://studyfinds.org/?p=119683

There are many potential benefits to having a side hustle, some financial and some not. Side hustles can help you save more or as a means to open up new avenues to something that more suits you. We at StudyFinds read through several different expert sources to come away with the top seven best side…

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Good credit or TikTok fame? What’s more important to young adults? https://studyfinds.org/good-credit-or-tiktok-fame/ https://studyfinds.org/good-credit-or-tiktok-fame/#comments Sat, 02 Mar 2024 13:00:42 +0000 https://studyfinds.org/?p=124436

NEW YORK — While TikTok continues to make its mark among younger generations, healthy credit is actually at the top of their minds. A survey of 500 Gen Z and 500 millennial Americans reveals that nine in 10 millennials would rather have an “excellent” credit score than 50,000 followers on TikTok. Even the more internet-enamored…

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Ready for tax season? Saving for retirement may get you a bigger refund https://studyfinds.org/tax-season-gen-z-refund/ https://studyfinds.org/tax-season-gen-z-refund/#respond Fri, 01 Mar 2024 14:41:51 +0000 https://studyfinds.org/?p=124839

‘The IRS reports over a billion dollars in unclaimed refunds every year.’ NEW YORK — Tax Day is on the way, and Gen Z is not ready for the IRS. New research shows only 44 percent of young Americans understand the tax filing process. The survey of 2,000 adults between 18 and 26 looked at…

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Green Nation: 55% of Americans ready to dump brands that aren’t eco-friendly https://studyfinds.org/americans-dump-eco-friendly-brands/ https://studyfinds.org/americans-dump-eco-friendly-brands/#comments Sun, 25 Feb 2024 00:26:39 +0000 https://studyfinds.org/?p=123301

NEW YORK — Fifty-five percent of Americans say they’d “break up” with a brand if they found out it wasn’t eco-friendly, according to a new survey. A recent poll of 2,000 adults finds that 44 percent feel more emotionally invested in companies that show sustainable business practices. According to the data, Americans are predicted to…

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Time Is Money: Americans Say Their Day Is Worth $134 https://studyfinds.org/day-is-worth-134-dollars/ https://studyfinds.org/day-is-worth-134-dollars/#respond Fri, 23 Feb 2024 22:01:12 +0000 https://studyfinds.org/?p=124433

NEW YORK — Time is money — and Americans are putting a price tag on everything they do outside of work. A new poll finds the average person values the rest of their day at $134. The survey of 2,000 adults reveals that, aside from their job, Americans think that they do $134 worth of…

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Most Financially Distressed Cities: Chicago, Houston, New York Top Concerning List https://studyfinds.org/financially-distressed-cities/ https://studyfinds.org/financially-distressed-cities/#comments Fri, 23 Feb 2024 00:00:28 +0000 https://studyfinds.org/?p=124247

WASHINGTON — Periods of high unemployment and surging inflation in recent years have led to many financial challenges for millions of Americans, especially those living in major U.S. cities. Despite some improvement, many still find themselves grappling with financial distress, a situation where individuals are temporarily excused from making payments on debts due to hardship.…

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Looking for love? Big savings accounts and living debt-free will help https://studyfinds.org/looking-for-love-savings-debt/ https://studyfinds.org/looking-for-love-savings-debt/#respond Wed, 21 Feb 2024 10:30:10 +0000 https://studyfinds.org/?p=123310

NEW YORK — As the old song goes, “you got to have a J-O-B if you wanna be with me.” However, a new poll finds singles may also need plenty in savings and debt-free credit too! It turns out that Americans think having a savings account is sexy. According to a survey of 2,000 U.S.…

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Woman puts the freeze on food waste, saving nearly $1,300 on grocery bills https://studyfinds.org/woman-puts-the-freeze-on-food-waste-saving-nearly-1300-on-grocery-bills/ https://studyfinds.org/woman-puts-the-freeze-on-food-waste-saving-nearly-1300-on-grocery-bills/#respond Sat, 17 Feb 2024 19:00:52 +0000 https://studyfinds.org/?p=95286

LONDON — Meet the woman who claims she saves nearly $1,300 annually by employing a unique freezing technique. Kate Hall, a 37-year-old entrepreneur from Orpington, Kent, discovered the cost-saving potential of freezing individual ingredients, describing it as a “lightbulb moment.” Previously, she froze entire meals, which limited their use to just once upon reheating. Now,…

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Most Expensive Dog Breeds To Groom, Survey Reveals Surprising Price Of Pet Care https://studyfinds.org/grooming-high-maintenance-dogs/ https://studyfinds.org/grooming-high-maintenance-dogs/#respond Fri, 16 Feb 2024 18:15:50 +0000 https://studyfinds.org/?p=123778

LONDON — Dog owners, prepare to spend a pretty penny on this pup. A new study has found that English Springer Spaniel is the most high-maintenance dog breed, with their humans spending over $1,500 just to groom them annually. The findings, drawing on 2023 United Kingdom dog registrations, annual grooming needs, and care costs, is…

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1 In 10 Americans Are Clueless About Their Partner’s Salary https://studyfinds.org/americans-clueless-partners-salary/ https://studyfinds.org/americans-clueless-partners-salary/#respond Fri, 16 Feb 2024 15:16:46 +0000 https://studyfinds.org/?p=123300

NEW YORK — One in 10 Americans don’t know how much money their partner makes. A poll of 2,000 adults in serious relationships, engaged or married and split evenly by generation, also reveals that respondents are in the dark about much more than just the money that’s coming into their homes. Perhaps even more alarming,…

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‘Make or Break’ Year for Small Businesses? Why 40% Are Worried About 2024 https://studyfinds.org/make-or-break-year-small-business/ https://studyfinds.org/make-or-break-year-small-business/#respond Thu, 15 Feb 2024 13:50:02 +0000 https://studyfinds.org/?p=123306

NEW YORK — Four in 10 small business owners believe 2024 will be a “make or break” year for their business, according to a new poll. The survey of 2,000 small business owners — half of whom work in tech or retail — reveals that many are calling this a pivotal year for their financial…

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Can You Trust Anyone? Why Seniors Fall Victim To Scammers They Know https://studyfinds.org/seniors-fall-victim-scammers/ https://studyfinds.org/seniors-fall-victim-scammers/#respond Wed, 14 Feb 2024 17:24:14 +0000 https://studyfinds.org/?p=123525

GAINESVILLE, Fla. — Scammers are happy to rob anyone of any age, but older adults tend to be their biggest target. Estimates show that over $28 billion disappears annually due to scams targeting older adults. While it’s easier to recognize a scam call or text from an unknown phone number, many older adults are actually…

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Super Bowl bets will shatter records: 1 in 4 Americans to gamble on big game https://studyfinds.org/super-bowl-bets-shatter-records/ https://studyfinds.org/super-bowl-bets-shatter-records/#comments Fri, 09 Feb 2024 11:00:37 +0000 https://studyfinds.org/?p=123022

A record 67.8 million American adults are expected to bet $23.1 billion on Super Bowl LVIII, according to a new American Gaming Association survey. The estimated number of bettors has increased 35% from the previous Super Bowl, while the total amount being bet is estimated to have shot up from $16 billion in 2023. Both…

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Despite $35 Cap, U.S. Insulin Price Still Mind-Bogglingly Higher Than Other Nations https://studyfinds.org/insulin-prices-united-states/ https://studyfinds.org/insulin-prices-united-states/#comments Mon, 05 Feb 2024 13:27:32 +0000 https://studyfinds.org/?p=122668

WASHINGTON — At the beginning of 2023, the Biden Administration capped out-of-pocket insulin prices at $35. While that was hailed as a milestone, the cost of insulin in the United States still remains high. According to a RAND Corporation report, the gross price of insulin in the U.S. is more than nine times higher than that…

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Survey: 40% call financial blunders a dating dealbreaker https://studyfinds.org/financial-blunders-dealbreaker/ https://studyfinds.org/financial-blunders-dealbreaker/#respond Sat, 03 Feb 2024 13:00:39 +0000 https://studyfinds.org/?p=121990

NEW YORK — Your money mistakes may end up costing you your relationship, a new survey reveals. The poll of 2,000 Americans finds that 40 percent have ended a relationship over a poor financial decision. Overall, nearly three-quarters of respondents feel sure about their decision-making ability, describing themselves as decisive (74%). Just one in six…

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Salary Success: Is $94,000 the Magic Number for Financial Freedom? https://studyfinds.org/salary-94000-financial-freedom/ https://studyfinds.org/salary-94000-financial-freedom/#comments Wed, 24 Jan 2024 23:00:33 +0000 https://studyfinds.org/?p=121504

NEW YORK — How much do you need to make in order to really feel like you’re in a good spot in life? The average American says “financial independence” means making upwards of $94,000 per year, and 60 percent feel optimistic they can reach this milestone. In a recent poll of 2,000 adults, spenders and…

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Here Are The 5 Best Budgeting Apps For Money Management, According To Finance Experts https://studyfinds.org/best-budgeting-apps/ https://studyfinds.org/best-budgeting-apps/#comments Wed, 24 Jan 2024 18:00:08 +0000 https://studyfinds.org/?p=80498

In an era where financial management is key to achieving financial goals, the search for the best budgeting apps has become increasingly crucial. As individuals strive to take control of their finances, these apps offer user-friendly interfaces and powerful features to help users track expenses, set savings goals, and gain valuable insights into their spending…

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Financial Strain Leads To Pain: How Stressing Over Money Literally Makes You Sick https://studyfinds.org/financial-stress-money-health/ https://studyfinds.org/financial-stress-money-health/#comments Wed, 24 Jan 2024 00:17:03 +0000 https://studyfinds.org/?p=121642

LONDON — People who have money issues are more likely to suffer serious health consequences. A new study conducted by researchers at University College London (UCL) has established a connection between stressful life events and a decline in biological health, according to key biomarkers. Researchers explain that their study provides insight into how stress affects our…

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Florida, Colorado Top List Of Best States For Retirement; New Jersey, Kentucky At Bottom https://studyfinds.org/florida-best-state-for-retirement/ https://studyfinds.org/florida-best-state-for-retirement/#comments Tue, 23 Jan 2024 18:57:29 +0000 https://studyfinds.org/?p=121635

WASHINGTON — Retirement is the goal for most people after a long career. However, the biggest question usually is: where can you live to make the most of your savings? A new poll is revealing where older Americans can get the most bang for their buck when their professional careers end. While researchers found plenty of…

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‘No cash accepted’ signs are bad news for millions of Americans https://studyfinds.org/no-cash-accepted-signs-bad-news/ https://studyfinds.org/no-cash-accepted-signs-bad-news/#comments Tue, 23 Jan 2024 11:05:36 +0000 https://studyfinds.org/?p=121571

How many people don’t have a bank account? And just how difficult has it become to live without one? These questions are becoming increasingly important as more businesses refuse to take cash in cities across the U.S. People without bank accounts are shut out from stores and restaurants that refuse to accept cash. As it…

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Millennial Money Magic: Why Younger Adults Feel More Financially In Control Than Boomers https://studyfinds.org/millennial-money-empowered/ https://studyfinds.org/millennial-money-empowered/#comments Sun, 21 Jan 2024 19:00:40 +0000 https://studyfinds.org/?p=120476

NEW YORK — Younger American adults are more likely to feel “economically empowered” than their elders, according to a new survey. When looking at the 2,000 individuals surveyed, researchers found that Gen Zers and millennials were the most likely to currently feel economically empowered (66% and 70%, respectively). In comparison, only 51 percent of Gen…

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Self-checkouts make customers less loyal to stores, study explains https://studyfinds.org/automatic-checkouts-less-loyal/ https://studyfinds.org/automatic-checkouts-less-loyal/#comments Fri, 19 Jan 2024 21:00:21 +0000 https://studyfinds.org/?p=121382

PHILADELPHIA — Automatic checkouts in supermarkets may decrease customer loyalty, especially for those with larger shopping loads, a new study suggests. Customers using self-checkout stations often feel overwhelmed and unsupported, missing the assistance traditionally provided by store staff. Researchers say this lack of personal interaction can negatively impact their perception of the supermarket. While many…

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How much money is there in the world? https://studyfinds.org/how-much-money-in-the-world/ https://studyfinds.org/how-much-money-in-the-world/#comments Fri, 12 Jan 2024 11:00:09 +0000 https://studyfinds.org/?p=120810

If we want to add up how much money there is in the world, a good place to start would be counting all the notes and coins out there – in people’s wallets and money boxes and in cash machines. Let’s start with pounds. There is about £84 billion (or 84,000,000,000) of British money out…

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$500K In Reach? 4 Reasons Why Bitcoin Price Should Surge In 2024 https://studyfinds.org/4-reasons-bitcoin-price-surges-in-2024/ https://studyfinds.org/4-reasons-bitcoin-price-surges-in-2024/#respond Sat, 06 Jan 2024 20:15:36 +0000 https://studyfinds.org/?p=120344

The year 2023 will be remembered as turbulent for cryptocurrencies, with numerous important developments that ultimately helped to “clean up” the space to potentially make it more attractive to mainstream investors. Notably there was the conviction of FTX CEO Sam Bankman-Fried for fraud. Top exchange Binance also reached a $4 billion settlement with the U.S. treasury…

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New year, same stress: Americans spend 3 weeks worrying about money each year https://studyfinds.org/worrying-about-money-2024/ https://studyfinds.org/worrying-about-money-2024/#respond Wed, 03 Jan 2024 15:56:40 +0000 https://studyfinds.org/?p=119970

NEW YORK — Living paycheck to paycheck can be stressful to say the least. Now, a new poll finds Americans with limited savings stress about their finances for nearly an entire work month each year — that’s nearly 19 days! The survey of 2,000 U.S. adults with less than two months of liquid savings or…

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As 2024 arrives, can the U.S. economy continue to avoid a recession? https://studyfinds.org/can-economy-avoid-recession/ https://studyfinds.org/can-economy-avoid-recession/#respond Mon, 01 Jan 2024 11:00:02 +0000 https://studyfinds.org/?p=119847

With economic forecasters rewriting their 2024 outlooks following recent moves from the Federal Reserve, The Conversation turned to two financial economists to share their thoughts on the upcoming year. D. Brian Blank and Brandy Hadley are professors who study finance, firm financial decisions and the economy. They explain what they’re watching in 2024. 1. At…

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The perfect excuse that gets you out of promises without losing people’s respect https://studyfinds.org/blaming-money-troubles-quitters/ https://studyfinds.org/blaming-money-troubles-quitters/#comments Sun, 31 Dec 2023 14:30:14 +0000 https://studyfinds.org/?p=118838

LONDON — Looking for a way to get out of your New Year’s resolutions already? A new study has discovered the perfect excuse that will even keep people from losing respect for you! Just tell them you’re broke! A researcher from the City University of London found that people who blame circumstances outside of their control…

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Best Money Studies of 2023: Top 7 Financial Surprises of the Year https://studyfinds.org/best-money-studies-of-2023/ https://studyfinds.org/best-money-studies-of-2023/#respond Fri, 29 Dec 2023 19:00:31 +0000 https://studyfinds.org/?p=119810

Science never takes a break, and as the calendar turns to 2024, StudyFinds is looking back at the past year in research from around the globe. When it comes to money, researchers are constantly looking at how different factors affect your wallet. From examining the rising cost of living to revealing the best ways to…

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Does going vegan actually lower your grocery bill? https://studyfinds.org/vegan-lower-grocery-bill/ https://studyfinds.org/vegan-lower-grocery-bill/#comments Thu, 28 Dec 2023 11:00:07 +0000 https://studyfinds.org/?p=108105

WASHINGTON — Plenty of meat eaters can’t imagine saying goodbye to their beloved burgers and steaks, but the price of groceries keeps going up. Could the allure of a lighter grocery bill be enough to entice even the most loyal carnivore to the green side? According to research from the nonprofit Physicians Committee for Responsible…

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Best Investments For 2024: Top 7 Ways To Build Savings Most Recommended By Experts https://studyfinds.org/best-investments/ https://studyfinds.org/best-investments/#comments Tue, 26 Dec 2023 15:00:02 +0000 https://studyfinds.org/?p=80037

You’ve got a stash of cash that’s just been idly lounging in your bank account, sipping on a metaphorical piña colada. Now, imagine shaking things up a bit and putting that money to work for you while you continue to work for yourself. Exploring the best investments is like choosing a rollercoaster ride for your…

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$4,800! Pet parents spent nearly double what they budgeted for in 2023 https://studyfinds.org/4800-pet-parents-spending/ https://studyfinds.org/4800-pet-parents-spending/#respond Sun, 24 Dec 2023 19:15:19 +0000 https://studyfinds.org/?p=118444

NEW YORK — The average pet parent spends about $4,800 a year on their furry friends, according to a new poll. The survey of 2,000 dog and cat owners in 2023 finds that these pricy purchases revolve around food, toys, clothes, treats, and health needs. This year, pet parents spent about $633 on food for their…

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Americans spending $24 BILLION on gift exchanges this holiday season, survey finds https://studyfinds.org/24-billion-gift-exchanges-holidays/ https://studyfinds.org/24-billion-gift-exchanges-holidays/#respond Sat, 23 Dec 2023 13:00:32 +0000 https://studyfinds.org/?p=118905

NEW YORK —  A new survey estimates that Americans will spend over $24 billion in total on their gifts this year — and many of those gifts will be part of Secret Santa or White Elephant exchanges. The poll of 2,000 adults who celebrate Christmas reveals that 84 percent participate in gift exchanges during the…

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Cheapest Places To Live In The US: Top 7 Affordable Communities, According To Experts https://studyfinds.org/cheapest-places-to-live/ https://studyfinds.org/cheapest-places-to-live/#comments Wed, 20 Dec 2023 21:53:43 +0000 https://studyfinds.org/?p=118990

The appeal of low-cost-of-living American cities extends beyond just budget concerns, encompassing a diverse range of motivations. Apart from offering a lower cost of living as compared to other major U.S. Metropolises, these communities are often just outside major metro areas. For those seeking a combination of affordability and smaller populations, the top seven cheapest…

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Millennials overrating their economic savviness — 2 in 3 can’t even define basic financial terms https://studyfinds.org/millennials-economic-savviness/ https://studyfinds.org/millennials-economic-savviness/#comments Tue, 19 Dec 2023 16:45:15 +0000 https://studyfinds.org/?p=118834

NEW YORK — More than half of millennials (58%) think they’re more mature than their parents when it comes to finances. Unfortunately, a new poll finds two-thirds can’t even define many basic financial concepts. The survey of 2,000 millennials examined their financial knowledge, finding that while many feel they know more than their parents, 71…

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6.8 Million Americans Drowning in Debt: Which States Are Struggling Most in 2023? https://studyfinds.org/drowning-in-debt-struggling-2023/ https://studyfinds.org/drowning-in-debt-struggling-2023/#respond Wed, 13 Dec 2023 18:06:12 +0000 https://studyfinds.org/?p=118576

WASHINGTON — There’s no question that 2023 has been rough on Americans’ wallets. According to a new report, 6.8 million Americans have at least one credit account where they are either behind on payments or have been granted a deferment. That survey also highlights which areas of the U.S. people are feeling these financial struggles the…

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Poll: Average American should be able to afford a dream home by age 33 — and retire by 44! https://studyfinds.org/average-person-financial-goals-retire/ https://studyfinds.org/average-person-financial-goals-retire/#comments Tue, 12 Dec 2023 13:23:37 +0000 https://studyfinds.org/?p=118238

NEW YORK — We’re seeing a lot of research these days emphasizing how more of America’s young adults still rely on their parents financially well into their 20s. Yet according to a new poll of 2,000 adults, Americans believe the average person should be able to afford their “dream home” — by age 33! And if…

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Why are Christmas trees so expensive? The economics of the U.S. holiday tree industry https://studyfinds.org/why-are-christmas-trees-expensive/ https://studyfinds.org/why-are-christmas-trees-expensive/#respond Thu, 07 Dec 2023 18:00:07 +0000 https://studyfinds.org/?p=117983

Christmas today is a big business, and one part of that is the multibillion-dollar business of selling Christmas trees. The U.S. Christmas tree industry is so large, it even has two dueling trade groups: one that supports natural trees and the other, artificial. We are two business school professors whose students asked us to explain…

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Love is expensive: 37% of Americans going on fewer dates due to economy https://studyfinds.org/love-inflation-fewer-dates/ Sun, 03 Dec 2023 22:30:11 +0000 https://studyfinds.org/?p=117426

NEW YORK — Is dating putting some people into debt? A new survey finds the average person has spent $3,025.12 on dates over the past year. The poll of 2,000 Americans looked at the cost of dating and relationships in 2023 — finding the average respondent has gone on eight dates in the past six…

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How does surfing contribute ONE TRILLION dollars to the global economy? https://studyfinds.org/surfing-trillion-dollars-economy/ https://studyfinds.org/surfing-trillion-dollars-economy/#comments Sun, 03 Dec 2023 18:00:23 +0000 https://studyfinds.org/?p=116200

QUEENSLAND, Australia — Surfing contributes approximately one trillion dollars annually to the global economy, largely by enhancing surfers’ mental health, a recent study reveals. Researchers in Australia discovered that recreational surfing can lead to improved concentration at work, increased tourism, higher property values, and reduced healthcare system costs. This research focused on Australia’s Gold Coast,…

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If you found $1,000 on the ground, would you turn it in? Most people in these cities wouldn’t https://studyfinds.org/most-dishonest-cities/ Thu, 30 Nov 2023 23:55:06 +0000 https://studyfinds.org/?p=117227

NEW YORK — If you think honesty is the best policy, then you might want to steer clear of the U.S. cities topping an unfortunate new list. A new survey is revealing America’s most “dishonest” cities — especially when it comes to pocketing money that doesn’t belong to them. Imagine yourself walking down the street,…

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Major financial crises lead to rise in male suicides, concerning study reveals https://studyfinds.org/male-suicides-financial-crises/ Thu, 30 Nov 2023 23:45:40 +0000 https://studyfinds.org/?p=117272

MONTREAL, Quebec — An alarming new study reveals rising suicide rates among men during economic downturns. Researchers from Canada and the United Kingdom say the comprehensive review underscores the critical need for government-funded health services to assist individuals during financial declines. The study delved into the ramifications of financial crises on psychological well-being. Analyzing close…

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How much salary would you sacrifice to work remotely? Survey finds surprising answers https://studyfinds.org/sacrifice-salary-remote-work/ Wed, 29 Nov 2023 20:09:31 +0000 https://studyfinds.org/?p=117075

ADELAIDE, Australia — What’s more important to you: working from home or a higher salary? A surprising new report by a team from the University of South Australia reveals that nearly half of workers are open to sacrificing a part of their annual salary for the opportunity to work remotely. Researchers surveyed over 1,100 Australian workers,…

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Was the economy actually good? Average American paid off 3 debts in 2023 https://studyfinds.org/american-paid-off-3-debts-2023/ https://studyfinds.org/american-paid-off-3-debts-2023/#respond Sun, 26 Nov 2023 14:00:51 +0000 https://studyfinds.org/?p=116144

NEW YORK — Americans saved nearly $2,000, paid off three debts, and spent the most money while shopping online in 2023, according to a new survey. The poll of 2,000 adults reveals that going into 2023, 93 percent had financial goals, and many people met them. Those goals included paying off their debts (67%), having…

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Spenders happier with their lives — but savers may be wiser, survey reveals https://studyfinds.org/spenders-happier-savers-wiser/ https://studyfinds.org/spenders-happier-savers-wiser/#comments Thu, 23 Nov 2023 23:00:19 +0000 https://studyfinds.org/?p=114091

NEW YORK —  “Spenders” are happier with their lives, but “savers” are wiser, a new survey suggests. The poll of 2,000 American shoppers finds 56 percent of Americans consider themselves to be “spenders” — splurging for things they really want, while 34 percent identified themselves as “savers” who won’t shop until what they want goes…

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Names mean everything? CEOs with ‘favorable’ surnames receive higher pay, better job security https://studyfinds.org/ceo-surname-pay-job-security/ https://studyfinds.org/ceo-surname-pay-job-security/#respond Tue, 21 Nov 2023 11:00:11 +0000 https://studyfinds.org/?p=116258

LONDON — In “Game of Thrones,” your surname meant everything. Being a Stark, Lannister, Targaryen, and Baratheon brought wealth and prestige. Apparently, it’s the same in the real world. Researchers from the Bayes Business School at City University London have found that a CEO’s surname plays a significant role in their career trajectory as they…

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Millennials not worse off than baby boomers — but the wealth gap is widening https://studyfinds.org/millennials-baby-boomers-economy/ https://studyfinds.org/millennials-baby-boomers-economy/#respond Tue, 14 Nov 2023 17:45:38 +0000 https://studyfinds.org/?p=115621

CAMBRIDGE, United Kingdom — When it comes to money, the prevailing thought has been that millennials are worse off than baby boomers, but a new study is challenging that belief. Instead, international researchers say the younger generation is grappling with a widening wealth gap. This disparity arises from differences in financial rewards linked to diverse…

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Medicare missteps: 1 in 4 seniors end up picking health plans they hate https://studyfinds.org/medicare-seniors-picking-plans/ https://studyfinds.org/medicare-seniors-picking-plans/#respond Sun, 12 Nov 2023 14:00:26 +0000 https://studyfinds.org/?p=114995

NEW YORK — Open enrollment may give people lots of choices, but the quality of those choices is a whole other problem. Nearly one-quarter of seniors have selected a healthcare plan that they weren’t happy with. That’s according to a survey of 2,000 Americans 65 and older who have healthcare. Results also find that a…

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Shopping for bargains: Interest-free purchases top list of best holiday promotions https://studyfinds.org/interest-free-purchases-holidays/ https://studyfinds.org/interest-free-purchases-holidays/#respond Fri, 10 Nov 2023 13:00:44 +0000 https://studyfinds.org/?p=115240

NEW YORK — Americans are delaying their holiday shopping in order to get more bang for their buck, according to new research. A survey of 2,000 adults finds that a whopping 97 percent plan to shop this holiday season, yet nearly half (47%) have yet to start.  So, what’s the hold-up? It turns out they…

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Should salaries be public knowledge at work? Most young adults OK with less office privacy https://studyfinds.org/salaries-privacy-in-office/ https://studyfinds.org/salaries-privacy-in-office/#respond Mon, 06 Nov 2023 13:15:24 +0000 https://studyfinds.org/?p=114101

NEW YORK — Money is an important aspect of life, and the ability to talk about money matters could help individuals grow their personal finance knowledge. However, the hesitancy to discuss personal finance topics continues to plague certain generations. A new survey by Forbes Advisor, conducted by OnePoll, uncovers differences and similarities across generations (Generation…

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Young adults facing financial ruin as they care for aging loved ones https://studyfinds.org/caregivers-financial-ruin/ https://studyfinds.org/caregivers-financial-ruin/#respond Fri, 03 Nov 2023 23:00:03 +0000 https://studyfinds.org/?p=114607

PHILADELPHIA — Caregivers offering assistance to loved ones as they live longer are facing financial burdens they might not be able to recover from. A recent report by a team from the TIAA Institute and the University of Pennsylvania School of Nursing (Penn Nursing) is highlighting this often-overlooked issue, urging financial advisers and employers to provide…

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