expenses

Fed’s Economic Well-being US Household 2022: “fewer adults reported having money left over after paying their expenses. 54% of adults said that their budgets had been affected “a lot” by price increases.” “51% of adults reported that they reduced their savings in response to higher prices.”

by Dismal-Jellyfish ​ https://www.federalreserve.gov/publications/files/2022-report-economic-well-being-us-households-202305.pdf The Federal Reserve Board on Monday issued its Economic Well-Being of U.S. Households in 2022 report, which examines the financial lives of U.S. adults and their families. The report draws from the Board’s tenth annual Survey of Household …

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HALF of America’s elderly can’t afford essential expenses due to rising inflation and higher cost of living, report claims

by Boo_Randy Hey olds, maybe you should stop voting for the crony capitalist status quo. https://www.dailymail.co.uk/news/article-11047297/HALF-Americas-oldest-people-afford-essential-expenses-higher-cost-living.html Nearly half of America’s elderly can’t afford essential expenses due to rising inflationand higher cost of living, a report has claimed. A staggering 54 per cent …

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[Motley Fool] Current model for Uber, Lyft just doesn’t work. Expenses have scaled up in near-perfect step with revenue, as have net losses. As it stands now, both EBITDA improvement outlooks are tough to believe.

https://www.fool.com/investing/2021/05/10/quarterly-losses-uber-lyft-confirm-ride-hailing/ The business premise seems sound enough, at least on the surface. The problem: Owning a vehicle is more trouble than it’s worth, but taxi cabs are costly and so yesterday. The solution: Just use a mobile app to summon …

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If you are in SF, NYC, or another HCOL area. Your biggest expenses are going to be taxes and housing, with transportation likely a distant third. If you can get the big expenses down, you can eat all the avocado toast you want.

Guest post by csp256 There is only so much you can do to minimize taxes, but here are the two biggest ways: Contribute the maximum to your 401k (there are several ways of accessing it early; don’t worry) Get a …

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