For a long time, a $100,000 salary was considered the threshold of material success. It guaranteed a comfortable, even abundant lifestyle, where a nice house, car and luxuries like travel were well within reach. That’s not to say $100,000 isn’t still a lot of money. But many Americans who make it find themselves far from financially secure. I’m a Self-Made Millionaire: These Are the 6 Investments Everyone Should Make During an Economic Downturn More: 3 Things You Must Do When Your Savings Rea

Buying a home is no easy feat, but it’s grown substantially harder for younger generations of Americans. According to recent Census data, the homeownership rate for millennials stands at 48.6% — over 20 percentage points below Gen X and nearly 30 below baby boomers. Even among 40-year-old millennials, the homeownership rate (60%) lags behind older generations at that same age. Apartment List reports that 64% percent of Xers, 68% of boomers and 73% of the Silent Generation owned homes at 40.

When COVID-19 hit the U.S., I was one of many 20-somethings who moved back home. Little did I know I’d stay there for nearly two years as the country grappled with wave after wave of COVID surges, and I grappled with pandemic depression. (Not to be confused with pandemic fatigue. COVID-19 depression and anxiety has its own page on Johns Hopkins.)

Fewer than 1% of U.S. adults currently serve in the military. Fewer than 10% are veterans. These dwindling percentages are representative of the modern era: One in which citizens aren’t being drafted to war, and can instead choose a career path befitting them. However, not everyone has equal access to a career path, or even a job in general. According to EducationData.org, th

Around 36% of U.S. households are occupied by renters, according to Census Bureau data. Among people under 35, 66% are in rentals, and more than 60% of people in the lowest income quartile rent their homes. So, in general, those with less capital are more likely to rent — but this isn’t always the cheaper option. Renting has grown exponentially more expensive as the U.S. emerges from the pandemic. With COVID-19 deals dead and gone and inflation skyrocketing, many renters are being pushed out o

If you know anything about budgeting, you’ve likely heard of or even used the 50/30/20 method. This method dictates that 50% of your post-tax income goes toward “needs,” 30% goes to “wants” and 20% goes to savings. It sounds pretty good on the surface, and it is a simple, straightforward way to structure your budget. But it’s not a budget that works for the majority of Americans in 2023. “As prices continue to go up while incomes

Everyone knows how it feels to miss the boat on a good investment. Take Big Tech as an example. If you would have thrown some money into Microsoft, Apple or Google when they were just fledgling companies on the market, instead of missing the boat you’d be sitting on a boatload of money.

Millennials (born 1981-1996) and Generation X (born 1965-1980) aren’t often compared. Although the two generations share much in common, Gen X can be overshadowed by the baby boomers who precede them by sheer force of population. As of 2020, millennials make up the largest generational population in the United States at 72.26 million. The next-largest is the baby boomer generation with 70.68 million. Surprisingly, Gen Z comes in third with 67.06 million. See: What Gen Z Can Learn From Millenni

Generation Z is stereotyped as teens who spend all day on TikTok and Instagram, but many of them have already graduated college, embarked on careers and even started families. Ranging from 9 to 24 years old, these ‘digital natives’ are blazing their own path in an ever-changing economy. The Financial Guide to Adulting: Real Money Advice From Older Generations Related: 51 of the Biggest Money Influencers on TikTok and YouTube But zoomers have faced their share of challenges. The oldest amon