Spotify hits 100M mark
Music streaming service Spotify said Monday that its paying subscribers have reached 100 million for the first time, up 32% on the year and almost twice the latest figures for Apple Music. The Stockholm-based company called the figure, which was reached during the first three months of 2019, “an important milestone.” The growth was driven, […]
Financials help TSX climb
Strength in the heavyweight financial sector helped Canada’s main stock index edge higher in late-morning trading, while U.S. stock markets also crept upward. The S&P/TSX composite index was up 8.28 points at 16,621.74. In New York, the Dow Jones industrial average was up 2.04 points at 26,545.37. The S&P 500 index was up 2.89 points […]
Parents are going into debt over their kids’ extracurricular activities
Signing kids up for extracurricular activities could bring them extra income someday. Or at least, eight in 10 parents in a new survey are hoping — especially considering that two-thirds of them have gone into debt to pay for those soccer, ballet, painting and piano lessons. CompareCards.com surveyed more than 700 parents with young children […]
Stop sacrificing your retirement to coddle your adult children.
Half of American parents are risking their retirement savings to help support adult children, according to a recent survey. A poll conducted by Bankrate.com asked parents: Would you say you have sacrificed or are sacrificing your retirement savings to help your adult children financially? Fifty-one percent of respondents said, yes, they were jeopardizing their retirement […]
Teen credit card use is up. Here’s why
More and more children under the age of 14 have their own credit card Opens a New Window. to use at their leisure, according to a new report. Since 2012, credit card-carrying-teens have increased more than four times to 17 percent among 8-to-14-year-olds, up from just 4 percent seven years ago, according to data from […]
The big mistake students, families make with financial aid
As the cost of higher education continues to rise and student debt Opens a New Window. loads pile up, there is one mistake many families make when it comes to lowering college Opens a New Window. expenses. Each year the Department of Education awards about $120 billion in grants, loans and other funds to help […]