Families shopping for school supplies can save money for their household by making the purchase during the 2017 sales tax holidays. There are several states that still operate these programs, and while the list changes from yer to year, it may be possible for you to save tens or hundreds of dollars per year.
There may be as many as 50 million Americans that can subscribe to the Amazon Prime service at a discounted price. The online retailer is offering savings to low income households as well as people living in poverty provided they receive some form of government assistance and also use a Electronic Benefits Transfer Card (EBT).
According to the USDA and Feeding America, about 12% of American families struggle to pay for the groceries they need each month. However the average person throws away about $350 per year in either prepared and/or canned food. So while many households wonder where their next meal may come from, at the same time they are (as well as others) wasting food. Talk about a major challenge/opportunity.
Based on past years, it is expected that adults will spend over $800 this year on Christmas gifts. Over the last decade, people have been spending over $700 and now more recently over $800, and the amount spent is expected to increase in the future due to the improved economy and the “growth” of the holiday. Rather than spend over $800 on toys, clothes, etc., why not take a percentage of that and invest it for either your own or a child’s future? That would be a great Christmas gift.
As we wrap up 2016, there are still almost 20% of American households that are considered to be “underbanked”. This means that they often combine basic products (such as a savings account) with alternative forms of financing. While 20% still seems like a high number to us, this is actually a very slight improvement per the latest Federal Deposit Insurance Corporation (FDIC) data.