In HSBC’s Generation Buy study, 35 percent of American millennials own their homes. Those who are not homeowners yet but are planning to buy a house in the next five years are at 80 percent.The study examined nine countries in different continents, including China, the United Kingdom, and the Read more
Spending Tricks to Save You More in the Long Term
The common logic is: less spending = more savings.But is it always the case?Investment is tricky. Sometimes, it requires a bit more of secondary thinking to really account for its impact on your finances. Sometimes, cheaper does not always mean savings. And sometimes, savings could mean more Read more
Subprime Auto Hiccup Won’t Cause Big Problem, Analyst Says
“Subprime auto is so small relative to the US debt market it won’t make a difference to the system,” JPMorgan Chase CEO Jamie Dimon said during an event early April.However, Dimon does not deny that there is currently a problem in the U.S. Subprime Auto Loan Market. This present issue about a Read more
#Goals: How Do You Set Financial Goals and Achieve Them?
Money is not the root of all evil; it’s a tool that you can deftly use in this temptation-filled, consumerist world. Without sacrificing your needs and indulging in life’s niceties every now and then, you clearly have control over your finances. To put things in perspective and easier for you to Read more
Converting Your Home Into a Rental
According to a 2015 American Community Survey of the US Census Bureau, 37 percent of American household are renter-occupied. Recent housing studies also show a shift from owning to renting among different types of individuals, not just the millennials.Indeed, renting is becoming more plausible Read more
