The Latest Debt & Finance Blog
Data shows that homeownership among millennials is down, but that doesn’t mean they aren’t interested in buying a home. In the last two decades, homeownership in the U.S. has declined…
You’re a college student, and life feels grand. You have your classes picked out for next semester, and you’ve signed a lease through next year. Everything is falling into place.…
The Frugal Man has never in his life bragged about throwing money around, but that 60-year silence on silly spending is over. I just dropped a boatload of money on…
American consumers say they are having an easier time paying bills and are feeling much less stress over their financial situation than they were in 2009… unless they happen to…
During Alan Greenspan’s nearly 20-year reign as Chairman of the Federal Reserve, commentators used to look at the heft of the briefcase he carried to meetings to guess whether interest…
The Consumer Financial Protection Bureau has proposed new rules aimed at putting more responsibility on payday loan lenders and their crippling triple-digit interest rates. The CFPB proposals would require lenders…
The latest trends in spending and debt indicate that America already has forgotten any lessons we might have learned when the bubble burst on the U.S. economy in 2008. The…
If you’re wondering whether a summer vacation is worth it, ask your doctor, not your accountant. Every medical study ever done on the subject concludes that summer vacations – especially…
Analysts predict record-setting sales for the automobile industry over the next year, though feuding between government leaders over whether discrimination exists in car financing could slow things down. WardsAuto Dealer…
America’s holiday season has begun, which means excessive consumption is not only allowed, it’s encouraged. At least until it’s your turn to pick up the bill. There is no reason…
Sources:
- U.S. Census Bureau (2016, October 27) Homeownership Rates by Age of Householder. Retrieved from https://www.census.gov/housing/hvs/data/histtab19.xls
- Fry, R (2016, May 24) For First Time in Modern Era, Living With Parents Edges Out Other Living Arrangements for 18-to-34 Year-Olds. Retrieved from https://www.pewresearch.org/social-trends/2016/05/24/for-first-time-in-modern-era-living-with-parents-edges-out-other-living-arrangements-for-18-to-34-year-olds/
- Fannie Mae (2014, May) Fannie Mae National Housing Survey. Retrieved from http://www.fanniemae.com/resources/file/research/housingsurvey/pdf/nhsmay2014presentation.pdf
- RentBlog (N/A) Millennial Generation Choosing to Rent. Retrieved from http://blog.rent.com/millennial-generation-renting/
- Rosen, K (N/A) Millennials and Homebuying: Myths and Reality. Retrieved from https://www.nerdwallet.com/blog/mortgages/millennials-and-homebuying/?trk=nw_hp4_bv_indexpg-10
- Bichell, R (2016, January 14) Average Age of First-Time Moms Keeps Climbing in the U.S. Retrieved from http://www.npr.org/sections/health-shots/2016/01/14/462816458/average-age-of-first-time-moms-keeps-climbing-in-the-u-s
- Student Loan Hero (2016) A Look At Shocking Student Loan Debt Statistics for 2016. Retrieved from https://studentloanhero.com/student-loan-debt-statistics/
- McLaughlin, R (2015, October 21) Should Millennials Rent or Buy? Retrieved from https://www.trulia.com/blog/trends/millennials-rent-or-buy/
- Schoen, J (2016, June 16) Rents Now Top List of Fastest Growing Prices. Retrieved from http://www.cnbc.com/2016/06/16/rents-now-top-list-of-fastest-rising-prices.html
- Woo, H (2016, June 14) How Have Rents Changed Since 1960. Retrieved from https://www.apartmentlist.com/rentonomics/rent-growth-since-1960/
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