Despite the focus on high inflation and interest rates, “a lack of resources, rather than unusually high costs, is the driving factor behind economic insecurity,” Urban Institute researchers said.
As people plan out their budgets for 2025, there’s a chance for high earners to supercharge their retirement savings using the “mega-backdoor Roth” strategy — a rare but increasingly popular option for employer-sponsored 401(k)s.
Car shoppers who have held off on buying a vehicle due to affordability concerns are unlikely to see relief if President-elect Donald Trump imposes the new tariffs he proposed during his campaign.
Parents — specifically, male parents — voted for President-elect Donald Trump this election cycle in an ongoing show of support for the Republican Party by voters with children, according to exit polls.
Compared to other industrialized countries, the U.S. has “been behind for quite a while, so the time is definitely now” for these changes, a pediatrician told MarketWatch.
Elevated college costs and a tough job market for entry-level professionals have some questioning the value of a college degree and the white-collar work that it typically leads to.
The financial strain felt by families is not the result of individual choices. Rather, experts told MarketWatch, it reflects an economy that isn’t adequately supporting families and may be actively working against them.
A public subsidy for child care is necessary in order to lower expenses for American families and provide living wages to child-care workers, said Neel Kashkari, president of the Minneapolis Fed.
The shortage of affordable child care emerged as a bipartisan concern between vice-presidential candidates Sen. J.D. Vance and Gov. Tim Walz during their debate on Tuesday night.
In a new interview, personal-finance personality Dave Ramsey told Donald Trump his audience is concerned about ‘wages not going up as fast a house prices.’