As we move into 2023, inflation and economic uncertainty remain top concerns for most U.S. consumers. In the past 12 months, increasing prices for everything from groceries to fuel have weakened consumers’ spending power. Growing shares of U.S. consumers at all income levels now spend...
Characterized by weakened spending power and mounting economic uncertainty, 2022 has been an economic roller coaster. Due to rising costs, growing numbers of consumers spend all they earn on living expenses each pay period and need their next paycheck to meet upcoming financial obligations. Living...
With a new year on the horizon, setting financial goals is top of mind for many U.S. consumers. The past 12 months have been a financial roller coaster, as inflation continues to weaken consumers’ spending power. In November, 63% of U.S. consumers were living paycheck...
With the shock waves of inflation continuing to weaken spending power, most United States consumers are toning down their expectations for the 2022 holiday shopping season. One month ahead of the start of the season, 60% of U.S. consumers live paycheck to paycheck, an increase...
October 30, 2023
Living paycheck to paycheck continues to be the predominant financial lifestyle in the United States. As of September 2023, 62% of consumers live paycheck to paycheck, with 22% struggling to pay their monthly bills. Despite efforts to manage budgets, consumers across financial lifestyles report putting aside savings can be challenging. This is especially true when […]
January 30, 2023
As we move into 2023, inflation and economic uncertainty remain top concerns for most U.S. consumers. In the past 12 months, increasing prices for everything from groceries to fuel have...
October 18, 2022
B2B payment service provider Moneff has acquired millennial- and Generation Z-focused financial lifestyle app StormPay. With the acquisition, Moneff will gain greater access to the consumer market, while StormPay will be able to further develop its capabilities and customer experience, the companies said in a Tuesday (Oct. 19) press release. “As a dual-licensed [eMoney] institution, […]
