FOX – WOFL More than ⅓ of Millennials still live with their parents. The new Pew Study documents the steady rise of young adults returning home to mom and dad, or in some cases not moving out in the first place! In 2012, a record 21.6 million adults (up from 18.5 million in 2007) […]
Shopaholics
FOX – WOFL Smart Spending Habits from #TheSmartMoneyGal More than 1 in 10 Americans consider themselves to be shopaholics! A new survey shows spending habits are landing many people in debt, often racking up between $1,000 and $5,000 in charges! Shop ’till you drop! Many of us joke around about shopping until we drop, […]
Gen-Xers May Never Be Able To Retire
FOX – WOFL Recession will haunt Gen-X into retirement You may think that Worrying about retirement is a Baby Boomer problem, but not anymore. A new study from Pew Research has some startling predictions, one being that Gen-Xers may never be able to retire. Who is Generation X? According to Wikipedia, the Gen X […]
Fears of College Loan Debt
FOX – WOFL There is bad news for college students as student loan rates doubled this week! The interest rates on federally subsidized Stafford student loans rose from 3.4% to 6.8% on Monday, July 1st, 2013. Since many strive to better themselves by enrolling in college or by continuing to expanding their current college […]
Healthcare in Retirement
FOX – WOFL If you think health care is costing you big now, just wait until retirement! A new Mayo Clinic study found the vast majority of Americans don’t realize how expensive it will be. So let’s start with perception. What do people think they’ll spend on health care when they retire? For many […]
Grey Charges
FOX – WOFL There’s a new concern for consumers- one that could be costing them hundreds of dollars each year. They are called “grey charges”- and one in four people are paying them right now- most likely without knowing it! 5 Types of Grey Charges: Unknown Subscriptions: We’ve probably all seen this when making […]
College Tuition Money Mistakes
FOX – WOFL The cost of college tuition is rising at an alarming rate. Financial-aid budgets are getting slashed. Student loan debt is at all time high. It isn’t just people in their 20s dealing with fallout from tuition costs; it’s also hitting retirees in the pocketbook. A study from the Federal Reserve Bank of […]