Millennials rely on credit cards at record rate during 2024 holiday season: study

Millennials rely on credit cards at record rate during 2024 holiday season: study

Millennials are relying on their credit cards more than ever as they face their most financially challenging holiday season yet, according to new data. Since 2020, millennials have used credit cards for the majority of their holiday spending – between 70% to 80% – and the percentage has been climbing, according to a three-year analysis … Read more

What is the FIRE movement?

What is the FIRE movement?

Some young people are looking to retire far before they turn 65. The Financial Independence, Retire Early (FIRE) movement prioritizes extreme savings and early investment to reach retirement earlier than any traditional wealth management plan would allow. The movement blew up with millennials, and interest remains high, with Reddit’s FIRE forum boasting 516,000 members, in … Read more

UK Accountant Shares Step-by-Step Guide On How To Manage Your Money On Payday

UK Accountant Shares Step-by-Step Guide On How To Manage Your Money On Payday

As UK citizens face high living costs and a wage slump, many are finally considering their budgets and finances. Burdened with bills, high-interest credit card debt, student loans, and mortgage payments, keeping up with monthly expenses has become challenging for the average UK household. Financial expert Nischa Shah, in her YouTube podcast, unveiled an accessible … Read more

China ends 9-year decline in new marriages in 2023, but divorces also climb

China ends 9-year decline in new marriages in 2023, but divorces also climb

“As the pandemic gradually ends, the wedding industry has rebounded significantly, and there was a hot wave of consumption during the 2023 Mid-Autumn Festival and National Day holidays,” He said in a blog post on Saturday, referring to a spike in spending during the eight-day holiday break in September and October last year. Wedding-related spending … Read more