All posts tagged: Financially

Survey: Few Americans and Canadians Say They Are ‘Financially Fulfilled’ | National News

Survey: Few Americans and Canadians Say They Are ‘Financially Fulfilled’ | National News

Published by Sam Flores

Key Takeaways Fewer than one in five Americans and Canadians report being “financially fulfilled.” Nearly one third of Americans and more than 40% of Canadians say they are experiencing financial stress.  Those reporting stress would like more money to pay bills and reduce their debt. Only a small percentage of Americans and Canadians describe themselves as financially fulfilled and having enough money to support the lifestyle they desire. For Americans that number is 16%, and for Canadians it is even lower at 12%, according to the first Edward Jones and Gallup Money and Meaning survey on financial fulfillment released early Tuesday morning. At the same time, 32% of U.S. adults and 41% of Canadian adults experience consistent financial stress, where they struggle to meet their obligations and need to make trade-offs between financial and life goals, while feeling a lack of control over their finances. The largest share in each country describe themselves as “financially conflicted,” making progress toward their goals yet experiencing ongoing financial strain. The survey took place from late March to early …

How Younger Generations Are Financially Adapting

How Younger Generations Are Financially Adapting

Published by Jenni Sidey

Every year, Financial Literacy Month reminds us about concepts like compound interest, budgeting, and saving for retirement. These things still matter, but many Gen Z and millennial consumers feel they do not go far enough to address today’s financial realities. In the past, the advice was simple: save regularly, plan for the future, and aim for long-term security. But now, younger adults are dealing with higher costs, delayed life milestones, and ongoing uncertainty. Research from debt consolidation company Beyond Finance and financial literacy leader Operation HOPE recently revealed that almost 80 percent of younger adults now focus on short-term financial needs instead of long-term goals. As we mark Financial Literacy Month, it’s worth asking: Is this a failure of financial education, or are people just adapting to today’s economic challenges? When Old Financial Rules Stop Feeling Safe Getting an affordable education, buying a home, experiencing steady wage growth, and having a stable pension are examples of traditional financial goals that were just easier for earlier generations to achieve. Now, many younger adults live with more …

Woman Responds To Claim That Anyone Who’s Struggling Financially Isn’t Working Hard

Woman Responds To Claim That Anyone Who’s Struggling Financially Isn’t Working Hard

Published by Jenni Sidey

As the cost of living continues to skyrocket, even those working multiple jobs and maxing out their schedules to earn paychecks are struggling to maintain their finances. When you’re barely making enough to pay the bills, there’s nothing left to save. However, some out-of-touch individuals believe that there is an easy fix to this issue. People simply need to get out there and work harder. But lack of hard work is not what is to blame for people struggling to afford groceries and pay their rent. It’s a combination of economic problems that are leaving many Americans scrambling to save money.  One woman took it upon herself to call out a man who believed that anyone having trouble financially must not be working hard enough.  Despite how hard people are working, the woman noted that inflation has gone up, and many are struggling to make ends meet.  In a TikTok video, Blaire Allison recalled an incident when a man told her that the economy is “booming” and the only reason people are struggling is that “they’re not …

People Who Grew Up Financially Comfortable Often Struggle With These 11 Habits

People Who Grew Up Financially Comfortable Often Struggle With These 11 Habits

Published by Jenni Sidey

Growing up financially comfortable brings obvious advantages, such as stability, opportunity, and reduced day-to-day stress. When basic needs are consistently met, children can focus on development without constant survival pressure. That security shapes more than lifestyle. It quietly shapes assumptions about risk, work, money, and even relationships. Behavioral research shows that early financial environments influence long-term attitudes toward spending, saving, and effort. Just as scarcity can create hyper-vigilance, comfort can create blind spots. Neither experience guarantees dysfunction, but both leave imprints. If you grew up in a financially stable home, some of these habits may feel familiar. The patterns are worth understanding. People who grew up financially comfortable often struggle with these 11 habits 1. They underestimate how stressful money can be Kinga / Shutterstock When bills were paid reliably and emergencies were handled smoothly, financial anxiety may feel abstract. You may understand it intellectually but not emotionally. Watching others stress about money can feel puzzling. You might assume that budgeting or planning can solve most problems. This perspective isn’t malicious; it’s experiential. Chronic financial …

How to help adult children financially without harming your future

How to help adult children financially without harming your future

Published by Daniella Wilson

Get the Well Enough newsletter with Harry Bullmore for tips on living a healthier, happier and longer life Get the Well Enough email with Harry Bullmore Get the Well Enough email with Harry Bullmore The financial demands of parenthood often intensify significantly as children mature, transforming the parental role from primary caregiver to, increasingly, the “bank of mum and dad”. While the financial outlay for younger children typically centres on smaller, more immediate expenses such as entertainment, pocket money, and birthday presents, the costs associated with older offspring escalate dramatically. These can include substantial outlays for a first car, university tuition and living costs, crucial assistance with a property deposit, and even wedding expenses. This financial lifeline is becoming ever more important, as Craig Rickman, personal finance editor at investment platform interactive investor, highlights: “The bank of mum and dad forms a crucial means of financial support for younger generations.” “While any loving parent will naturally to want to give their child a leg-up in life, many face a delicate balancing act, being careful not …

John Mulaney says he takes care of Olivia Munn’s ‘large Vietnamese family’ financially

John Mulaney says he takes care of Olivia Munn’s ‘large Vietnamese family’ financially

Published by Daniella Wilson

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more John Mulaney takes pride in caring for his wife Olivia Munn’s family. During Monday’s episode of comedian Mike Birbiglia’s Working It Out podcast, Mulaney chatted about his current “Mister Whatever” tour and his relationship with Munn and her extended family. “So Olivia has a large — she’s Vietnamese, and she has a large Vietnamese family in Oklahoma City, Oklahoma, of which I am one of the significant financial contributors,” the Big Mouth actor said. “For the first 39 years of my life, I supported zero Vietnamese people — probably none — and now I have 10 on the books.” Mulaney continued, explaining how proud he was to be able to use his success to help others, given that he never needed to financially support …

Financially Strapped Met Opera May Sell its Prized Chagall Paintings

Financially Strapped Met Opera May Sell its Prized Chagall Paintings

Published by José Betancourt

New York’s Metropolitan Opera is facing a serious financial crunch, and may sell two beloved Marc Chagall murals to help fill the gap—but if it does, it will leave them in place. Sotheby’s valued the artworks at a total of $55 million, reports the New York Times. Unveiled in 1966, The Sources of Music and The Triumphs of Music measure some 30 by 36 feet and hang in the building’s Grand Tier. The Met, which has an annual budget of $330 million, has drawn $120 million from its endowment (more than a third of the balance), reduced its performance schedule, and entered into an agreement with Saudi Arabia that will see the company perform there for three weeks each winter, notes the Times, which reports that the deal is expected to bring the Met more than $100 million. The deal has come in for some scrutiny since Saudi Arabia has a record of serious human rights abuses, including the 2018 murder of dissident journalist Jamal Khashoggi. And while he says he has been assured the …