Managing your finances isn’t just a function of how much you make. It’s also a reflection of behavioral patterns. New PYMNTS Intelligence research reveals that...
As the economic landscape takes on more uncertainty, vulnerable income groups constantly evaluate their spending. One of the most vulnerable — and largest — consumer...
Economic pressures are reshaping household financial behavior. This widespread phenomenon strains consumer resilience in the face of inflation and rising cost of living. For example,...
More than one-third of working consumers believe they have better opportunities for career advancement now than in recent years. Although high-skilled technology or technical workers...
As inflation strains household budgets, consumers are racking up credit card debt to afford basic needs, from groceries to healthcare. Financially struggling cardholders now carry...
Since March 2023, the Federal Reserve has regularly increased interest rates, reaching highs of more than 5%. The Fed’s aim has been to stem rising...
Increasing numbers of consumers are finding it difficult to make ends meet. As a result, many have experienced downward financial mobility. In fact, 27% of...
After reaching a high of 9.1% in July 2022, inflation has gradually dropped, settling at 3% in first half of 2024. 1 The overall inflation...
As of June 2024, inflation is at 3%, a slight drop from 3.3% last month.1 Yet, shelter and electricity continue to show higher inflation rates....