The number of Americans that live paycheck to paycheck has increased by about 5% from 2016 to 2017, and it now stands at just under 80% according to career builder. Not only are an increasing number of households living check to check, but about 71% of Americans also have some form of their debt to their name during 2017. Both of these figures bode ill for families or individuals.
Money is a very personal issue for people in terms of how it relates to their core values, sense of security and quality of life among many other things. When it comes to buying technology products today, that can be very difficult due to the one time as well as recurring costs involved in the transaction. Find tips for how to save on the latest IT as well as electronics below.
The number of people that use a budget has increased up to 82% during 2017, which is an improvement from previous years. That means that only 18% do not do that, which we think is a fairly decent number. There was a survey completed by Bankrate’s that not only covered budgeting but also looked into the number of Americans that have some form of savings, and this is where that data originated from.
As summer is pretty much upon us, the importance of sunscreen and sun protection needs to be reviewed. Multiple studies show that as many as one in five Americans will develop skin cancer over the course of a lifetime. When a family is struggling to keep up with the cost of living and daily bills, it can be difficult to protect themselves. But sunscreen programs and discounted items is available for lower income families as well.
The VITA program has now opened for calendar year 2017. The federal government funded program, formally known as Volunteer Income Tax Assistance, allows Americans with an income of less than $55,000 or so to file their taxes for free. Note the income ranges can vary slightly by local community. Since the census bureau states that the median household income in this country is about $50,000, this means that roughly 50%+ of Americans could qualify for VITA. So say goodbye to costly TurboTax, H&R Block services, and all those fee based providers!