Single women don’t want to shell out for your next milestone, saying “it’s too expensive to be single”

In March, the U.S. producer price index rose at the fastest pace in nearly a year from the year prior, which means – in short – it’s still expensive to exist right now. In times of high inflation, it’s nice to be able to share the financial load with a partner, especially for women who […] Continue reading

Americans blow their tax refunds as if it’s “free money,” study finds 

Tax Day is looming and, while many Americans have already filed their taxes, many still have yet to submit their returns. In the first six weeks of tax season, the IRS paid $135 billion in tax refunds to American taxpayers. The question is how did they use it and how much of their refunds remain?  […] Continue reading

AI expected to fuel a new wave of tax scams, stoking concerns among taxpayers   

Tax refunds are often the biggest windfall of the year for many Americans, presenting an opportunity for fraudsters and scammers to swoop in and claim whatever money is owed to fillers by the IRS. Last year, the IRS flagged over 1 million tax returns for identify fraud, costing consumers millions of dollars, not to mention […] Continue reading

Gen Z and Millennials’ financially irresponsible era is over as many adopt “no-buy” financial trend  

Consumer spending has remained strong despite sustained inflation, record-high interest rates and bubbling concerns of a recession. In some cases, consumers are blowing money to cope with concerns about the economy and foreign affairs, while others are spending to fuel their shopping addictions. However, recent online trends like “loud budgeting” are changing the conversation and […] Continue reading

Gen Z earns six figures as digital side hustlers, new study finds 

Side gigs aren’t new, but in true Gen Z fashion, the generation succeeding millennials is putting a new spin on what it means to earn additional income – and it’s paying off.  According to a new study conducted by Qualtrics on behalf of Intuit Credit Karma, 45% of Gen Z consider themselves digital side hustlers […] Continue reading

Millennials and Gen Z rack up credit card balances amid sky-high interest rates 

In November 2023, 56% of Gen Z and 69% of millennials said they were concerned about the current state of the economy, driven largely by inflation, rising interest rates and high debt levels. Now, threats of the Fed not cutting rates at all this year, could put many Gen Z and millennials’ finances in jeopardy.   […] Continue reading

Americans will depend on refunds to pay for necessities this tax season 

Today marks the official opening of the IRS, which means organized tax filers who have received all of the necessary paperwork can begin filing their 2023 taxes as soon as today. While the majority of Americans save filing their taxes until closer to the April 15 deadline, many are eager to file early so they […] Continue reading

Nearly a third of Gen Z live at home while others struggle to afford rent   

Home ownership is in the rearview for many Americans as prices for everyday goods and services remain elevated and mortgage rates hover at a 20-year high. Rising housing costs are impacting more than current and prospective homeowners; renters also struggle to make ends meet while others crash at home to save money.   According to a […] Continue reading

Forget doom scrolling, Americans now doom spend to cope with stress 

Nearly every American is concerned about the current state of the economy (96%) – and it’s stressing them out about their finances.  According to a study conducted by Qualtrics on behalf of Intuit Credit Karma, the top economic concerns among Americans who are concerned about the economy include inflation (56%), the cost of living increases […] Continue reading

Student loan repayments will make the holidays unaffordable for more than a quarter of Gen Z and millennials 

With the cost of living on the rise and credit card debt reaching record highs, many economists are wondering if the resumption of student loan payments will push consumers over the edge – especially as we approach the holiday season.  According to a new study conducted by Qualtrics on behalf of Intuit Credit Karma, more […] Continue reading