Stores usher in Black Friday
They’re offering new ways for shoppers to get deals online and in the store easier and faster in the age of instant gratification. Walmart introduced a digital map on its mobile app to make it easier for shoppers to find an item’s exact location in the store. Kohl’s has a new feature on its mobile […]
Annual inflation rises
The country’s annual inflation rate picked up its pace last month to hit 2.4 per cent in an advance mostly fuelled by higher gasoline prices, compared to a year ago, Statistics Canada said Friday. The federal agency’s October inflation number marked an increase from 2.2 per cent in September and pushed the reading a little […]
Pete the Planner: No emergency fund? It’s time for a financial reset
In the fall of 2017, my doctor changed my life by demanding I quit lying to myself. And over the last year, I’ve learned to be honest when I look in the mirror, better understand my priorities and hopefully discovered a valuable lesson about our financial lives. I went to see my doctor for heartburn […]
Savings Rates By Age
The ability to save money is one of the many skills one must learn in order to become financially successful, and one of the most difficult. Moody’s Analytics analyzed different demographics and determined that savings rates increase as we age. Sadly, according to their data, only one age group saves between ten and fifteen percent […]
Lake County residents carrying more than $2,400 in credit card debt, study finds
It’s the holiday shopping season, when many Region residents often find themselves reaching for the plastic at malls and shopping centers. Northwest Indiana residents are carrying between $2,100 and $2,900 in credit card debt on average, a new study by the personal finance startup SmartAsset found. Residents in Lake County carry $2,468 in credit card […]
Good information on Social Security can be hard to find — here are some reliable sources
Social Security is one of the most important factors in older people’s financial lives. Yet the available information on the system is often contradictory or incorrect. Even the Social Security Administration, the government agency that administers the benefit, can mislead people, experts say. “Half of the answers Social Security is giving people are wrong or […]