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Debt & Finance Blog
By the look of things on social media, you really can have it all. A new pair of designer shoes … a champagne toast over brunch … swimming in a…
Long before COVID, another pandemic would hit America every August – the Back-To-School Blues. After a blissful summer, countless kids grumbled about having to return to class. Now there’s a…
The world has gone subscription crazy. You can sign up for almost every service known to man, and probably a few that haven’t been invented yet. It’s fast, convenient and…
Overheard at Costco recently: “Wow. A bag of avocados is $10.99 now. We used to get ‘em here for $6.99. Guess we’re not buying avocados.” It was hard not to…
Bloomington, Indiana, is home to a growing trend across the country, where some small cities and towns are so eager to have you move to their community they are offering…
So, things are going great in your romantic life. Your partner is awesome. Sunshine and rainbows are everywhere. Here, finally, is the one you cannot live without, who also cannot…
The stock market is setting records every week, which creates a real temptation for people in debt. Every time you turn on the TV there are ads for everything from…
Money is tight – we get it. But thanks to the internet and technology, it’s easier than ever to make a few extra bucks from the comfort of your own…
Buy now and pay later is taking the market by storm, but will you be taken to the cleaners if you indulge in this online purchasing craze? That’s all up…
Dealing with debt collectors already is an unpleasant encounter, but some collectors have found a way to sour the experience even more. It’s called debt parking and if you haven’t…
Sources:
- Austin, A. (2021, July 8) TikTok bans investment promotions. Retrieved from https://www.ftadviser.com/your-industry/2021/07/08/tiktok-bans-investment-promotions/
- Backman, M and Jack Caporal (2022, July 18) Study: Buy Now, Pay Later Services Grow in Popularity. Retrieved from https://www.fool.com/the-ascent/research/buy-now-pay-later-statistics/
- Beveridge, C. (2022, February 24) 56 Important Social Media Advertising Statistics for 2022. Retrieved from https://blog.hootsuite.com/social-media-advertising-stats/
- Bote, J. (2022, May 4) 'Buy now, pay later' is sending the TikTok generation spiraling into debt, popularized by San Francisco tech firms. Retrieved from https://www.sfgate.com/news/article/influencers-lead-Gen-Z-into-debt-17142294.php
- Fletcher, E. (2022, June 3) Reports show scammers cashing in on crypto craze. Retrieved from https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2022/06/reports-show-scammers-cashing-crypto-craze
- Fry, R. (2022, July 20) Young adults in U.S. are much more likely than 50 years ago to be living in a multigenerational household. Retrieved from https://www.pewresearch.org/fact-tank/2022/07/20/young-adults-in-u-s-are-much-more-likely-than-50-years-ago-to-be-living-in-a-multigenerational-household/
- Williams, C. (2022, March 2) ‘Buy Now, Pay Later’ Users Significantly More Likely to Overdraft Than Nonusers. Retrieved from https://morningconsult.com/2022/03/02/buy-now-pay-later-bnpl-overdraft-data/
- N.A. (2021) Americans are Turning to Social Media for Financial Advice. Retrieved from https://www.napfa.org/social-media-survey
- N.A. (2021, April 12) Buy Now, Pay Later – Boom or Bust? Retrieved from https://thestrawgroup.com/buy-now-pay-later-boom-or-bust/
- N.A. (2021, June 2) Social Media Increases Teenage Interest in Wall Street, Wells Fargo Survey Finds. Retrieved from https://newsroom.wf.com/English/news-releases/news-release-details/2021/Social-Media-Increases-Teenage-Interest-in-Wall-Street-Wells-Fargo-Survey-Finds/default.aspx
- N.A. (2021, December 1) Expanding Eligibility to Run Ads About Cryptocurrency. Retrieved from https://www.facebook.com/business/news/expanding-eligibility-to-run-ads-about-cryptocurrency
- N.A. (2022, June 28) Cost of Living Crisis Spurs “Failure to Launch” among Gen Z. Retrieved from https://www.creditkarma.com/about/commentary/cost-of-living-crisis-spurs-failure-to-launch-among-gen-z
- N.A. (2022, June 1) Report: 36% of Consumers Earning $250K+ Now Live Paycheck-to-Paycheck. Retrieved from https://www.pymnts.com/consumer-finance/2022/report-36-of-consumers-earning-250k-now-live-paycheck-to-paycheck/
- N.A. (2022, Jul 26) Under the Influence: 40% of Americans Have Purchased Something Seen on Social Media. Retrieved from https://mint.intuit.com/blog/budgeting/social-media-purchasing-influences/
- N.A. (2022, February 27) Survey: Buy Now Pay Later Plans Fuel Debt Struggles. Retrieved from https://debthammer.org/buy-now-pay-later-survey/?utm_source=rss&utm_medium=rss&utm_campaign=buy-now-pay-later-survey