What happens when your company becomes a meme? Sometimes it’s very good, and other times it’s very, very bad. Peloton’s holiday ad may still pay off for them, but as of now it’s been nothing but negative. The exercise-related company’s holiday-themed ad should have been innocent and innocuous — so what went wrong? Peloton Misjudges … Continue reading “Peloton Stock Falls After Misjudged Advertising Campaign”

The Federal Reserve has been busy this year. As you might recall, it slashed interest rates several times in 2019, with the most recent one coming just weeks ago. And though consumers with poor credit may have a difficult time taking advantage of lower interest rates on larger purchases, any type of rate cut is … Continue reading “Is Consolidating Student Loan Debt Actually Helpful?”

You’ve made your list (and checked it twice). You’ve made all of the charitable donations that you give this time of year. So now, you can kick back and enjoy the rest of the holiday season, right? Not quite. The holiday season is a season of giving, and if you’re able to this year, you … Continue reading “End of the Year Tipping — A Guide to Holiday Charity”

The market for alcoholic beverages is changing. A few decades ago, beer used to be a mainstay. People would crack open a six pack once they got home, or relax over bottles of beer at a bar. But today, beer sales keep slipping. We’re not here to say that this market is going away — … Continue reading “Beer Sales Keep Slipping: Where Are the Customers Going?”

In many ways, the economy is currently better than ever — so what impact will impeachment have? It’s been decided that impeachment proceedings are going to go through, though at this stage it’s impossible to guess whether the actual impeachment will work in removing President Donald Trump from office. Of course, we’ll need to look … Continue reading “The Impeachment is Going Through: What Does This Mean for the Economy?”

Credit cards — we all have them. And unless we’re not in deep credit card debt or have a sky-high interest rate, for the most part, we all like them. After all, they present a convenient way to pay for both brick-and-mortar and online purchased items, it’s generally much easier to fight fraudulent charges made … Continue reading “Do You Know About These Credit Card Perks?”

Emergencies happen, and when they do, it’s always best to be prepared. But the reality is that being prepared is easier said than done for about 40 percent of all Americans. That’s right, it’s estimated that about 40 percent of all Americans don’t have $400 in the bank in the event of an emergency, meaning … Continue reading “3 Essentials to Managing a Financial Catastrophe — Do You Have What it Takes?”

When Elon Musk unveiled his cybertruck, it was to widespread criticism. Despite this, there have been over 250,000 units ordered. But what exactly is the cybertruck, and why has it garnered both scorn and interest? On November 21st, Tesla unveiled the “cybertruck” to an eagerly waiting audience. Unfortunately, the event didn’t go as planned. After … Continue reading “Tesla’s Unveiled “Cybertruck” Still Sells Over 250,000 Units”

Black Friday vs. Cyber Monday: It’s a war out there. But, who’s winning? It turns out that brick-and-mortar companies and eCommerce companies are both moving in similar directions, even though they’ve bee historically at odds. Here’s everything you need to know about Black Friday, Cyber Monday, and more. Between Black Friday and Cyber Monday, the … Continue reading “Black Friday: How Did Retail Companies Fare Compared to Online Stores?”

It’s the most wonderful time of the year yet again, when we make our lists (and check them twice) and then try to get our finances in order to make sure we’re not paying for the holiday shopping season come January 2020 in credit card debt. And it’s the aspect of getting finances in order … Continue reading “Want a Preview of the Near-Term Economy? Check Holiday Spending”

It’s time once again to play one of our favorite hypothetical games: What would the Democratic presidential candidate’s specific plan look like if he/she were to win the 2020 election? We introduced this game a few months ago when we tackled candidate Andrew Yang’s idea of giving every American household a monthly stipend to help … Continue reading “What Would Elizabeth Warren’s ‘Wealth Tax’ Mean For You?”

If there’s an offer that appears too good to be true… it’s probably because it is too good to be true. Nothing in life is free, and this is especially true if you’re ever in a bind and need some cash fast. Yes, there are options like borrowing from your 401K or taking out a … Continue reading “Stay Away from this Potential ‘Debt Trap’ Loan”

For generations, higher education was considered to be second to none in the United States. Thanks to this reputation, high-performing students from around the world went out of their way to apply to U.S. Colleges. In 2019, however, admissions offices began to notice a disturbing trend — foreign students aren’t applying in the same numbers … Continue reading “Foreign Students Aren’t Enrolling in US Colleges”

It’s almost time for the official kickoff to the holiday shopping season. Yes, the annual post-Thanksgiving Black Friday “holiday” is coming up on November 29, with another retail holiday, Cyber Monday, to follow it on December 2. On both days, you can bank on being privy to some great sales prices — that is, if … Continue reading “How to Get the Best Deals on Black Friday and Cyber Monday”

Short-term rentals like AirBNB have been notoriously controversial for communities. Like any disruptive technology, they’ve been regarded with some suspicion. But are short-term rentals really impacting communities and the economy? The results are actually pretty mixed, and many of the fears of this new industry might be overblown. Let’s take a look to see if … Continue reading “The Effect of Short-Term Rentals on Communities”

We talk and have talked a lot about retirement savings in this space, and usually when we do it’s not the most promising news. Usually, we’re telling you about how the average American is likely to be short on their retirement savings and how you should be investing in different platforms for the benefit of … Continue reading “401K Millionaires Hits Record High — Are You Among Them?”

To say that you have options when it comes to your credit cards would be an understatement. There are store credit cards, airline credit cards, bank credit cards, double cash back credit cards, cards for college students, and more. Like we said, lots of options for credit cards. Needless to say, not all credit cards … Continue reading “When is an Annual Fee Credit Card Actually Worth it?”