Interesting research and statistics about unemployment, the jobs situation, insurance, budgeting and more.
New research shows many people feel unsure about their financial knowledge—even when their knowhow isn’t all that bad. Whether asked about financial planning and budgeting or investments in the macro-economy, for example, a 2017 Canadian study found people felt least confident about things like investments, borrowing, risks and the financial landscape. Lack of financial confidence […]
The Bureau of Labor Statistics projects these 17 occupations will have the most new jobs in the next eight years. If you want to be in demand, consider one of these professions! There is no shortage of “help wanted” ads for these occupations. According to the Bureau of Labor Statistics, they have the highest projected […]
Leverage Compound Interest & Invest Early Invest with Compound Interest Being paid interest means making money on your money. In other words, interest is free money! Compound interest is interest that is periodically added back into your original investment, which means you earn interest on your interest. Compound interest allows for exponential growth of your money! The average […]
According to a report from the United Way, at least 40% of households in Michigan cannot afford the bare minimum to live and work in the modern economy.
It’s likely no surprise that money is a leading cause of stress among most Americans. Financial decisions—whether making purchases, paying down debt or building up savings—require willpower, good judgment and discipline. Why is it, however, that even when people aren’t in the midst of a financial crisis or vicious cycle of debt, making ends meet […]
According to the Bureau of Labor Statistics, these are the most dangerous industries in America. There were a total of 5,190 fatal work injuries recorded in the United States in 2016, a 7% increase from 2015, according to the U.S. Bureau of Labor Statistics. These are ranked by the number of fatalities per 100,000 full-time […]
Data from the Consumer Expenditure Surveys (CE) measure how consumers allocate their spending among the various areas of their lives. Not surprisingly, housing is the number one expenditure, followed by transportation. Here is where consumers are spending money. Average expenditures and income of all consumer units*: Income before taxes $73,207 Average […]
Hello Show Me State! As of today, we’re excited to officially offer SafetyNet job loss and disability insurance to hard-working residents of Missouri. No matter if you’re a Royals fan or root for the Cardinals, SafetyNet has you covered in the case you experience an unexpected loss of income. It’s our mission to help hard-working […]
Nontraditional Families Need Nontraditional Financial Support American families have changed dramatically over the past several decades—and so have their finances. While growing up in a nuclear family may have once been the norm, today’s children are far more likely to be raised in what researchers call “blended,” “fluid,” or “complex” family structures. As cited by […]
We may have been told that money can’t buy happiness, but research shows that for most of us—at least up to a point—the two really are linked. In January 2018, the journal Nature Human Behavior published a study that that says individuals reach a point of “income satiation” when they earn between $60,000 and $75,000 […]
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