Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance. In fact, it is far more widespread than one might think: Fifty-four percent of consumers in the United States today live paycheck to paycheck, including 53 percent...
Fidelity came to market with a new product targeted to hyper-young consumers (13 and up) and intended to help them get a really early jump on their careers as investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Visa released the findings from its U.S. Spending Momentum Index (SMI) on Wednesday (June 9), a report that shows that “the U.S. consumer recovery remains on firm ground.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Given that the ways in which we pay are changing, the ways we carry debt are changing, and the very profile of the consumer is changing, it would only make sense that the ways in which we keep track of consumer credit also need to...
Global consumers have been doing well at saving during this past year of the pandemic, with a total of $5.4 trillion now stockpiled, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Ask 10 consumers to define “financial wellness,” and it just might produce 10 different answers. The way the Consumer Financial Protection Bureau (CFPB) defines the term is in four parts: control over finances, capacity to absorb a financial shock, meeting financial goals and the financial...
If there was one certainty that was the hallmark of the consumer’s propensity to spend, it was uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Consumer attitudes about the state of the economy unexpectedly dropped to a six-month low despite good news about vaccinations and more stimulus funds on the way, according to the Consumer Sentiment Index (CSI) report released on Friday (Feb. 12) by the University of Michigan. Get...
Newly acquired by Intuit, Credit Karma is integrating its checking account tool with TurboTax in the companies’ first joint project following the tie-up in December. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
