WalletHub

Credit cards can save you a lot of money during the holiday season, but opening new cards can also tempt you to spend beyond your means. Check out WalletHub’s latest report to see the states where people have the most credit cards: https://lnkd.in/e9VxBpc3

In the spirit of the holidays, WalletHub just released the results of an interesting new survey about people’s financial New Year’s resolutions for 2025. Here are some of the key findings:    ● 56% of Americans say inflation is their biggest financial concern for 2025. ● More than 3 in 5 Americans expect to spend less money on New Year’s plans this year compared to last year. ● Nearly 2 in 3 people say that 2025 will be better for their wallet than 2024. ● 52% of Americans are planning to make finance-related New Year’s resolutions. ● 41% of people making a financial resolution say they want to save more, while 21% want to spend less and 20% want to make more money. ● 62% of Americans think New Year’s resolutions add too much pressure. https://lnkd.in/d64hK2v3 #WalletHub #2024 #NewYearsResolution

Happy holidays! If you want to get a head start on #NewYearsResolutions, here are the 15 best things you can do for your wallet in 2025: https://lnkd.in/dS4PUQu #money

Congratulations City of Atlanta, City of Pittsburgh, City of Seattle, City of Las Vegas & City of Orlando for being the best cities for #Christmas in 2024! https://lnkd.in/ev7-W8D 

Think you know which cities are the most affordable and the most festive for #Christmas celebrations? Check out WalletHub’s latest report to see if you’re right: https://lnkd.in/ev7-W8D

There is a 97% chance that the Federal Reserve cuts its target rate by 25 basis points on December 18. If this happens, credit card users will save roughly $1.88 billion in interest over the next 12 months. How do consumers feel about all of this? Here are a few key stats from WalletHub’s new survey: ● 74% of Americans think upcoming tariffs will increase inflation. ● 44% of people think the Fed has done a bad job taming inflation. ● Nearly 9 in 10 people think inflation is still an issue. ● More than 3 in 4 people think inflation is a bigger issue than the job market right now. ● 74% of people blame credit card companies the most for the average interest rate on store cards being above 30%, while 17% blame the Federal Reserve. ● 70% of Americans say that a quarter-point rate cut by the Fed will not help with their holiday shopping. https://lnkd.in/ev7myGB7 #WalletHub #Fed #InterestRates

A 25-basis-point interest rate cut by the Federal Reserve on December 18 (97% probability) would save people with credit card debt roughly $1.88 billion over the next 12 months. Learn more from WalletHub’s latest Fed Rate Report: https://lnkd.in/ev7myGB7 #debt #creditcards

Looking to spread some goodwill this holiday season? Check out WalletHub’s new report to learn about the cities where people are most in need: https://lnkd.in/evZnHpX

Congratulations State of Wisconsin, Commonwealth of Massachusetts, State of Vermont, State of Ohio & Commonwealth of Virginia for being the states with the best elder-abuse protections: https://lnkd.in/eyNEJxGa

Is your state doing enough to protect your loved ones from elder abuse? Check out WalletHub’s latest report for the answer: https://lnkd.in/eyNEJxGa