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Gen X is feeling the negative effects of inflation more than any other generation

Fri, 06/14/2024 - 10:03

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economy, Personal Finance, Inflation, interest-rates, dining-out, Budgeting, discretionary

Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner

Thu, 06/06/2024 - 06:03

Tech Insider : Economy, Economy

Three friends hold cocktails together in a toast at the bow of a sailboat facing dark blue water — HIFIs — high income, financially insecure — spend their paychecks on lifestyle and leisure at the expense of their savings accounts.
Yana Iskayeva/Getty Images

economy, finance, economy, finance, Retail, hifi, Luxury

A Texas HIFI couple made $200,000 last year. Their budget for vacations and restaurants keeps shrinking despite 'making more money than ever.'

Wed, 06/05/2024 - 06:03

Tech Insider : Economy, Economy, Travel

Couple listening to music at a concert — HIFIs — people who are high income, financially insecure — often earn six figures but struggle to afford their growing cost of living. The subject of the story is not pictured.
Klaus Vedfelt / Getty Images

economy, finance, economy, finance, hifi, Luxury, Retail

I spend over $1,600 a month to get help with my wardrobe, home, and kids. We should all treat ourselves to these types of breaks when possible.

Wed, 05/22/2024 - 05:03

Tech Insider

Gabrielle Gambrell outsources housekeeping, wardrobe styling, and childcare to alleviate stress.

Courtesy of Gabrielle Gambrell

Careers, Spending, spending-money, personal-finance, contributor-2024, manseen-logan, as-told-to

Meet the HIFIs: Their obsession with luxury will tank them

Fri, 05/17/2024 - 11:18

Tech Insider : Economy, Economy

A young woman trying on sunglasses — More Gen Zers and millennials are becoming HIFIs — high income, financially insecure. They're spending lots of money on lifestyle and luxury.
Thomas Barwick / Getty Images

economy, Retail, economy, Retail, Luxury, Wealth, hifi

Millennial vs. boomer budgets: How spending has changed for young adults in the last 30 years

Wed, 05/08/2024 - 09:46

Tech Insider : Economy, Economy

Budget of millennials compares to baby boomers when they were young adults. — Leonello Calvetti/Science Photo Library/Getty, Jamie Grill/Getty, 4Zevar/Getty, Lalocracio/Getty, Kontur-vid/Getty, Yevgen Romanenko/Getty, Yogi Studio/Getty, Abanti Chowdhury/BI

economy, finance, economy, Millennials, baby-boomers, Spending, Inflation

Everyone hates high prices. So why are we all still spending like crazy?

Sun, 04/21/2024 - 05:57

Tech Insider : Economy, Economy

Photo illustration of a 100 dollar bill. — America has become a nation of hate spenders. We're sick of high prices, but it's not stopping us from shopping.
Jenny Chang-Rodriguez/BI

economy, Discourse, Retail, Spending, economy, surge, bi-graphics

I moved from the US to Vienna, the world's most livable city. Here's what it actually costs me to live here.

Mon, 04/08/2024 - 08:29

Tech Insider

Author Sonya Matejko in Vienna holding a wine glass with head resting on hand and sunglasses on — Vienna is said to be a pretty expensive place to live, but my cost of living is lower than it was when I lived in parts of the US.
Sonya Matejko

Real Estate, freelancer-le, Freelancer, Vienna, expat, Spending, money

Broke Gen Zers are skipping first dates and meeting each other virtually instead

Mon, 04/01/2024 - 06:23

Tech Insider : Economy

A young woman on a video call — Gen Zers are opting for virtual first dates to save time and money.
Willie B. Thomas/Getty Images

culture, economy, gen-z, gen-zers, gen-z-spending, cost-of-living, first-dates

I managed billions at JP Morgan but lived paycheck to paycheck. I finally got control of my finances by doing these 7 things.

Wed, 03/20/2024 - 06:15

Tech Insider

A photo illustration of a woman's hand holding a credit card. — Getty Images

economy, Personal Finance, Inflation, interest-rates, dining-out, Budgeting, discretionary

economy, finance, economy, finance, Retail, hifi, Luxury

economy, finance, economy, finance, hifi, Luxury, Retail

Careers, Spending, spending-money, personal-finance, contributor-2024, manseen-logan, as-told-to

economy, Retail, economy, Retail, Luxury, Wealth, hifi

economy, finance, economy, Millennials, baby-boomers, Spending, Inflation

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Real Estate, freelancer-le, Freelancer, Vienna, expat, Spending, money

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finance, jp-morgan, Savings, credit-card, Spending, asset-manager