Today's younger generations are less likely to make the middle-income bracket than their parents were - and it's bad news for the economy.
Where do middle-class workers feel richest? Where does the cost of living take the biggest bite?
The Federal Reserve reveals that 47% of Americans wouldn’t be able to cover a $400 emergency if they had to. Follow these tips to avoid that predicament.
In a discussion of potential emerging strategic risks facing credit unions, a client recently asked whether the shrinking middle class might reduce systemic loan demand in the long run. The popular notion associated with a shrinking middle class is that “the rich get richer, and the poor get poorer.” The concern was that the rich …
Today's chart shows how the composition of wealth tends to change as net worth increases, illustrating the building blocks that make up household net worth.
Americans can calculate if they are lower, middle or upper class by using Pew Research Center’s updated calculator.
A new calculator from the Pew Research Center can tell you whether or not you're in the middle class in just a few simple steps.
Defining who is (and isn't) middle class is more than just a number. It's also about aspirations and how we see ourselves.
One way to know if you have middle class status is having the ability to borrow money, if you need to, at affordable rates of interest.
How much income does it take to be part of the middle class? It largely depends on where you live. Here’s an examination of the middle class based on census data for Fresno, California.
Being in the middle class isn't just about having a certain amount of income.
Most high schools and colleges don’t require that their students take finance classes.
we look at how Middle Eastern geopolitical issues are effecting oil production, how the oil and gas industry is developing in the US, and how a shift in natural gas prices has turned
Set a savings target, minimize expenses, save windfalls and get a side gig to save for a house.
Having insufficient funds should not stop you from pursuing your dream house.
Depending on how you interact with money in them, your dreams might be hinting that you should change your money habits in real life.
You're doing everything right, but it can be discouraging. Try these tips and tricks to stay on track
A budget is simply a way for you to tell your money where to go. It’s a way to take control of your finances. Most importantly, it should work for you!
What are you saving for: a computer, car, boat, summer home, down payment? Use this calculator to determine what you need to save on a regular basis to have the funds ready when needed.
As a minority and having grown up in a predominantly immigrant community, I know firsthand the struggles that families face in regards to financial services. Knowledge of and accessibility to credit unions was not something I knew about when opening my first bank account. Fast forward to a decade or two since then, and many minority groups […]