Consumer Savings

Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
December 27, 2022  |  Consumer Finance

Characterized by weakened spending power and mounting economic uncertainty, 2022 has been an economic roller coaster. Due to rising costs, growing numbers of consumers spend...

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More Than Half of Paycheck-to-Paycheck Consumers Say Inflation’s Made It Harder to Meet Long-Term Financial Goals
More Than Half of Paycheck-to-Paycheck Consumers Say Inflation’s Made It Harder to Meet Long-Term Financial...
December 15, 2022  |  Consumer Finance

With a new year on the horizon, setting financial goals is top of mind for many U.S. consumers. The past 12 months have been a...

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New Study: 60% of US Consumers Have Cut Spending Due to Inflation
New Study: 60% of US Consumers Have Cut Spending Due to Inflation
September 27, 2022  |  Consumer Finance

With inflation reaching a 40-year high in June, nearly all consumers report noticeable increases in the cost of everyday purchases. PYMNTS’ research finds that 92%...

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NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
August 29, 2022  |  Consumer Finance

In May 2022, the Federal Reserve released the Economic Well-Being of U.S. Households in 2021, the latest edition of an annual report often used in...

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Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six Months
Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six...
August 01, 2022  |  Consumer Finance

As inflation continues its upward swing, consumers worldwide are finding it more difficult to manage spending and put aside savings under mounting financial pressures. In...

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Inflation Prompts Americans to Save Less, Delay Retirement
Inflation Prompts Americans to Save Less, Delay Retirement
May 31, 2022  |  Economy

A quarter of U.S. workers are changing their retirement planning due to surging costs for necessities, according to the BMO Harris Bank Real Financial Progress...

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Millennial Minute: 70% of Millennials Live Paycheck to Paycheck
Millennial Minute: 70% of Millennials Live Paycheck to Paycheck
May 06, 2022  |  Economy

We’re getting used to upheavals and disruptions at this point, but revelations of the extent of paycheck-to-paycheck living in the U.S. are impossible to ignore,...

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Stimulus III: Turning Savers Into Spenders Could Define Economic Recovery
Stimulus III: Turning Savers Into Spenders Could Define Economic Recovery
March 15, 2021  |  Economy

The next six weeks will arguably be the most impactful slice of economic time since 2008 and maybe of the last 50 years. What many...

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UK’s Plum Raises $3M To Grow AI-Powered Finance App
UK’s Plum Raises $3M To Grow AI-Powered Finance App
November 14, 2019  |  Investments

Plum, an artificial intelligence (AI)-driven money management tool, announced that it has raised $3 million in additional funding that will be used toward growth goals...

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