Knowing where we spend our money is the most important step for knowing where to begin with saving. So, where does our money go? The 2018 Mid-Year Consumer Expenditure Report from the Bureau of Labor Statistics (BLS) looked at the average spending of surveyed participants between July 2017 and June... read more →
A new study highlights how our age might affect our well-being during and after a recession. When a recession occurs, which age group of consumers is most affected both during and after it? Does it affect the well-being of every age group similarly or are some affected more severely? These... read more →
How are adults 65 and older spending their time? The U.S. Bureau of Labor Statistics found that in 2018 adults in this age group are primarily sleeping and watching TV, with little socialization. Specifically, the report shows that adults 65+ are sleeping almost 10 hours per day, watching TV for... read more →