Many millennials rely on tax refund to make ends meet; tax filing brings Gen Z and self-employed to tears

January 27 marks the official opening of the IRS, but the “scaries” are in full effect as many Americans dread filing, and for some, their looming tax bill. While plenty of Americans wait until the last minute to file, many taxpayers eagerly await their refund out of necessity.  According to a new study conducted by […] Continue reading

America’s sandwich generation grapples with a lower quality of life

Adulting is hard. It brings forth new roles and responsibilities that can feel like you’re carrying the weight of the world on your shoulders. Yet, it likely doesn’t compare to the many Americans who shoulder double the burden – providing caregiving and financial support to both their child(ren) and parents/relatives, also commonly known as the […] Continue reading

Americans had a savings problem in 2024, but commit to better financial habits in the new year 

The new year symbolizes a fresh start, but for the countless Americans heading into 2025 with debt, that might be wishful thinking. According to a new study conducted online by The Harris Poll on behalf of Intuit Credit Karma among 2,092 U.S. adults ages 18 and older, 70% of Americans have financial regrets from 2024, […] Continue reading

Social media aesthetics like “Old Money” drive many young Americans to spend 

Time and time again, social media platforms drive spending sprees among America’s youth. While rightful blame often points to sophisticated algorithms and seamless, few-click checkout experiences, the lure may also stem from culture – what’s hot right now, and who is promoting it?  According to a new study conducted online by The Harris Poll on […] Continue reading

Economic concerns heighten as young Americans doom spend to cope with stress 

Elevated stress levels among Americans are putting a damper on their finances as spending money becomes a key coping mechanism.  According to a study conducted by Qualtrics on behalf of Intuit Credit Karma, 60% of Americans are concerned with the current state of the world and economy, and the top worries among this group include […] Continue reading

One-third of Americans enter the holiday season in the red

The verdict is typically split regarding how people feel during the holiday season. For many, it’s a joyful time with family and friends, but for others, it can feel overwhelming, especially when it comes to money and finances.  According to a new study conducted by Qualtrics on behalf of Intuit Credit Karma, nearly half of […] Continue reading

Gen Z drives a resurgence in blue-collar work 

Generation Z has reshaped various societal norms, which entails redefining what’s in and what’s out. The latest workforce trend being embraced by today’s most influential generation is blue-collar career paths. As the promise of a four-year degree falls short, and the cost to receive a college degree continues to climb, young Americans are making blue-collar […] Continue reading

One-in-five borrowers have made zero payments toward their student loans, as many hold out for loan forgiveness

Student loan debt continues to be a sore spot for many Americans struggling to make their monthly payments, while many borrowers hold their breath in hopes that loan forgiveness is in their future.  According to a new study conducted by Qualtrics on behalf of Intuit Credit Karma, one-in-five (20%) student loan borrowers admit to not […] Continue reading

Many Americans opt for a rent-first lifestyle

The rent vs buy discourse typically centers around the home, often hitting on affordability and what’s considered to be the better financial investment. However, over time we’ve seen renting permeate into other aspects of our lives. Today, you can rent everything from clothes and furniture to cars and sporting equipment – and plenty of people […] Continue reading

Half of parents will sacrifice necessities to pay for back-to-school expenses, study finds 

It’s back-to-school season and parents are bracing for financial impact as they begin shopping for their kids’ upcoming school year. With kids heading back to school later this month, some parents may feel relief as many faced high summer childcare costs, yet, the school year comes with its own set of expenses, and it’s sure […] Continue reading