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☆ Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
▼ + stars: | 2024-10-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

"It also increases the possibility of a no-landing as well, meaning even stronger economic data for 2025 than we currently expect." watch nowBeyond that, it virtually eliminated any chance that the Federal Reserve would be repeating its half percentage point interest rate cut from September anytime soon. But broadly speaking, the news was very good and raised questions over just how aggressive the Fed will need to be. Jones said the Fed will have a dilemma on its hand as it figures out the proper policy response. "In an election year, passions run high and every economic report or event can garner intense reaction.

Persons: Anna Rose Layden, We've, Beth Ann Bovino, Friday's nonfarm, Dow Jones, Bovino, David Royal, Kathy Jones, Charles Schwab, Jones, they're, Elizabeth Renter Organizations: Outfitters, Getty, Federal Reserve, U.S . Bank, Fed, Fed Bank of America, Wall, U.S Locations: Tysons , Virginia, U.S

Best Credit Cards for Amazon of 2024Compare the Best Amazon Credit CardsEarn 5% back at Amazon and Whole Foods Prime Visa Apply now lock icon An icon in the shape of lock. Best Credit Card for Amazon ReviewsPrime VisaThe best credit card for Amazon and Whole Foods purchases is the Prime Visa. Best Credit Card for Amazon Frequently Asked QuestionsWhat are the main benefits of credit cards for Amazon purchases? Compared to other rewards cards, Amazon credit cards offer higher cashback rates on purchases made at Amazon and Whole Foods. There are four personal Amazon credit cards: The Prime Visa, Amazon Visa, Amazon Store Card, and the Amazon Secured Card.

Persons: Chase, —, Cash, Wells, you've, It's, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you'll, Cardholders, You'll, cardholders, Read, Insider's, there's, Ariana Arghandewal Ariana Arghandewal, Ariana, Guy, Education Ariana, ExperienceExpertiseEducation Read, Tessa Campbell, Tessa, she’s, Angela Fung Organizations: Business Insider, U.S . Bank, Citi, Citi Strata Premier, Card, Citi Prestige, American, Amazon Visa, Amazon Business Prime, Amazon, Foods, Amazon.com, Chase Travel, Visa, FDIC, U.S, Bank, Target, Walmart, Business, EV, Express, American Express, Disney, ESPN, Wells, Bank of America, of America, Hilton, Marriott, Saks, Entertainment, The New York Times, Street, TSA, Global, Saks Fifth, Amazon Reviews, . Bank, Bank Rewards, Citi Prestige ®, Air France, JetBlue, Singapore Airlines, Wyndham, Merrill, Amazon One, Amex, Southwest, Prime, Amazon Business American Express, Synchrony Bank, Amazon Business, Bankrate, CNBC, CNN, Forbes, Lonely, NBC, Traveler University, CardCon, Chicago, Expertise, Education, University of Southern, Susquehanna University, Finance Locations: U.S, Hulu, Wells, Air, That's, Merrill ., Chase, University of Southern California

Amazon Prime members who missed out on epic deals from Amazon Prime Day back in July can try their luck again over Amazon Prime Big Deal Days, coming up on October 8 and October 9. Amazon Prime Visa: 5% cash back with no limitAmazon Prime members who also have the Prime Visa credit card can earn 5% cash back on almost anything purchased from Amazon and Whole Foods. In addition to earning 5% back on Amazon, cardholders with an Amazon Prime membership also earn 5% on purchases from Amazon Fresh, Whole Foods, and Chase Travel℠ purchases. Even cardholders without Amazon Prime membership can earn 3% cash back on purchases from Amazon, Amazon Fresh, Whole Foods, and Chase Travel℠. Other cards offer higher cash-back rates on non-Amazon purchases Insider’s Take The Amazon Prime Visa is a good choice if you're already an Amazon Prime member — and do quite a bit of online shopping.

Persons: you've, you’ve, Chase, —, Katherine Fan, Katherine, Guy, Nerdwallet, Fortune, Katherine moonlights, she's, She's Organizations: Amazon, Visa, Amazon.com, Amazon Prime, Deal, Discover, Foods, Chase Travel, FDIC, Finance, Business, Cards, CNN, Forbes, Wall, Dallas Morning News, Newsweek, Nasdaq, MSN, Yahoo, SXSW, Austin American, Statesman, University of Texas, National Taiwan University Locations: Amazon, Austin, orcas, Antarctica, Japan, New Zealand, South Africa, Taiwan

Chase Freedom Flex® Review 2024Chase Freedom Flex® Insider’s Rating Info icon Insider's Ratings are decided by our editorial team. Chase Freedom Flex® Overview and Key FeaturesThe Chase Freedom Flex® credit card has been extremely popular since it debuted a few years ago. Consumer Insights on the Chase Freedom Flex®The Chase Freedom Flex® is well-loved for the various benefits mentioned above. Chase Freedom Unlimited® vs. Chase Freedom Flex®The Chase Freedom Unlimited® is a cousin of the Chase Freedom Flex®, and another one of Personal Finance Insider's picks for the best credit cards. Chase Freedom Flex Frequently Asked QuestionsWhat is the Chase Freedom Flex Credit Card?

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The information for the following product(s) has been collected independently by Business Insider: U.S. Bank Shopper Cash Rewards™ Visa Signature® Card, My Best Buy® Visa® Card, U.S. Bank Cash+® Visa Signature® Card, Citi Custom Cash℠ Card, Citi® Double Cash Card. Introduction to Store Credit CardsStore credit cards can be incredibly enticing for shoppers looking to save at their favorite retailers. Closed-Loop Credit Cards vs. Open-Loop Credit CardsThere are two types of store cards: closed-loop cards that can be used only within a specific store (or website), and open-loop cards that can be utilized anywhere most credit cards are accepted. Ulta Credit CardUlta has a closed-loop Ulta Beauty Rewards™ Credit Card and the open-loop Ulta Beauty Rewards™ Mastercard® Credit Card. Store Credit Card Frequently Asked QuestionsWho is the Best Buy store card through?

Persons: Cardholders, cardholders, they've, Nordstrom, Wells, You'll, Sephora, it's, Ariana Arghandewal Ariana Arghandewal, Ariana, Guy, Education Ariana, ExperienceExpertiseEducation Read Organizations: Business Insider, U.S . Bank, Card, Bank, Citi, Amazon, Visa, Foods, Chase Travel, American, American Express, U.S, Apple, . Bank, Best, EV, Costco, Bank of America, The Bank of America, Disney, Chase, Hulu, ESPN, Home Depot, Depot, Nordstrom, Nordy Club, Navy, Old Navy, Wells, PayPal, Mastercard, Target, Privileges, JetBlue, Wyndham Rewards, Walgreens, Walgreens Mastercard, Citibank, Business, Bankrate, CNBC, CNN, Forbes, Lonely, NBC, Traveler University, CardCon, Chicago, Expertise, Education, University of Southern Locations: Nordstrom, Banana Republic, Old, Sephora, Target, Ulta, Chevron, University of Southern California

☆ With Hurricane Helene disrupting travel, here's what fliers need to know
▼ + stars: | 2024-10-01 | by ( Greg Iacurci | ) www.nbcnews.com time to read: +4 min

However, weather-related events like Hurricane Helene are generally considered to be outside an airline’s control, meaning passengers have relatively few rights to compensation, experts said. Airlines make concessions in some casesSome airlines are making concessions tied to Hurricane Helene, though they vary by carrier and geography. For example, American Airlines, Delta Airlines and United Airlines have alerts about flooding in the Southeast. American Airlines is also giving leeway to passengers scheduled to travel through Augusta, Georgia, between Sept. 29 and Oct. 4. Plus, policies bought after Helene became a named storm generally won’t cover claims related to it.

Persons: Eric Napoli, Helene, Napoli, “, Hurricane Helene, ”, Sally French, ” Napoli Organizations: North Carolina Department of Transportation, U.S . Department of Transportation, Hurricane, American Airlines, Delta Airlines, United Airlines, Valdosta ., Delta, Consumers Locations: Southeast U.S, U.S, Florida, Florida , Georgia, North Carolina, South Carolina, Virginia, Tennessee, Asheville , North Carolina, Georgia, Valdosta, Valdosta . United, Augusta , Georgia, Asheville

☆ With Hurricane Helene disrupting travel, here’s what fliers need to know
▼ + stars: | 2024-10-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Men inspect the damage from flooding in the aftermath of Hurricane Helene on Sept. 28, 2024 in Asheville, North Carolina. Hurricane Helene made landfall Thursday in Florida as a Category 4 storm, leaving a swath of wind- and flood-related damage across Florida, Georgia, North Carolina, South Carolina, Virginia and Tennessee. Airlines make concessions in some casesDamage to a store in Valdosta, Georgia, from Hurricane Helene. Michael M. Santiago | Getty Images News | Getty ImagesSome airlines are making concessions tied to Hurricane Helene, though they vary by carrier and geography. For example, American Airlines, Delta Airlines and United Airlines have alerts about flooding in the Southeast.

Persons: Hurricane Helene, Sean Rayford, Eric Napoli, Helene, Taylor, Napoli, Michael M, Sally French Organizations: Getty, North Carolina Department of Transportation, U.S . Department of Transportation, Finance, Santiago, Hurricane, American Airlines, Delta Airlines, United Airlines, Valdosta ., Delta Locations: Hurricane, Asheville , North Carolina, Southeast U.S, U.S, Florida, Florida , Georgia, North Carolina, South Carolina, Virginia, Tennessee, Valdosta , Georgia, Georgia, Valdosta, Valdosta . United, Augusta , Georgia, Asheville

But many people are still wondering, what does a rate cut mean for my money? For those who’ve been waiting it out, the rate cut “will instill some hope in folks,” said Elizabeth Renter, senior economist at NerdWallet. Consider your (improved) debt repayment optionsThis week’s rate cut was good news for those struggling to unload themselves of credit card debt. They’re a popular savings instrument when interest rates are high, and as most economists expected, CD rates have already started declining since the Fed’s interest rate cut. “This rate cut is not something that should trigger you to go make any drastic changes to the overall direction of your portfolio,” he added.

Persons: Jerome Powell, ”, Elizabeth Renter, Michele Raneri, “, “ It’s, Rodney Lake, It’s, cardholders, Now’s, Lake, don’t, Freddie Mac, ” Renter, they’ve, Raneri, Lee Baker, there’s, Bankrate, Baker, it’s, —, “ Don’t Organizations: NerdWallet, TransUnion, Federal Trade Commission, GW Investment, George Washington University School of Business, Apex Financial Services, P Locations: U.S

☆ When interest-rate cuts will hit credit cards, car loans, and mortgages
▼ + stars: | 2024-09-18 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Read previewThe nation's central bank has finally cut interest rates for the first time in over four years. AdvertisementStill, Hamrick said within a day of the Fed's rate cuts, banks will likely adjust their prime lending rates, which will be noticed in credit-card rates "immediately." The Fed rate cuts indirectly affect mortgages, which are generally based on other interest rates that are loosely tied to the Fed funds rate. And when it comes to businesses, rate cuts will have a positive impact on their operations, making it cheaper to take out loans. Are you planning to make any big purchases now that the Fed has cut interest rates?

Persons: —, Mark Hamrick, Erica Groshen, Michele Raneri, Raneri, Hamrick, Elizabeth Renter, Renter Organizations: Service, Federal, Market Committee, Democratic, Fed, Business, Cornell University, Bureau of Labor Statistics, Consumer Financial, TransUnion, asheffey

☆ Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
▼ + stars: | 2024-09-16 | by ( Madison Hoff | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

According to CME FedWatch, which estimates interest rate changes based on market predictions, the size of the rate cut is a coin toss. As of Friday afternoon, there's a 51% chance the Federal Reserve will cut rates by 25 basis points and a 49% chance it'll be an extra-large 50-basis-point cut. That's because a larger rate cut makes borrowing cheaper, which tends to drive up spending and fuel price increases. Rate cuts will also eventually make it cheaper for small businesses to take out loans. A rate cut could cause a rush of buyers to enter the market in the short term, driving up prices and competition.

Persons: Jerome Powell, Michael Madowitz, she's, McTier, it'll, Mark Hamrick, Banks, Hamrick, NerdWallet, Sara Rathner Organizations: Service, Federal, CME FedWatch, Federal Reserve, Business, Washington Center for Equitable Growth, Fed, Consumer Financial, Bureau, asheffey Locations: Jackson Hole , Wyoming, McTier

☆ When to book holiday travel this fall: 'That window of low prices is brief,' economist says
▼ + stars: | 2024-09-14 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

If you want — or need — to travel this holiday season, start planning now because the ideal time to book Thanksgiving, Christmas and New Year's travel is fast approaching. "The most important thing is for travelers to continue to think about planning now and booking in October," said Hayley Berg, lead economist at travel site Hopper. "That window of low prices is brief, but it can really pay off." Whenever you decide to confirm your reservations, keep in mind that traveling during the holiday season can be fraught with complications, said Sally French, a travel expert at NerdWallet. "The holidays are a difficult time to travel because not only are you dealing with what's likely to be tougher holiday weather, but also working with bigger crowds," said French.

Persons: Hayley Berg, Hopper, Berg, Sally French Organizations: Finance

☆ Americans have more than $32 trillion in home equity — a record high. Here's what to know before you tap it
▼ + stars: | 2024-09-11 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Tappable equity is the amount most lenders will allow you to take out while still leaving 20% in the home as a cushion. How to tap your home for cashAlternatively, a home equity loan is a type of second mortgage, which allows borrowers to pull cash while using the house as collateral. However, the current average home equity loan interest rate is 8.52%, according to Bankrate, notably higher than a 30-year fixed-rate mortgage. watch nowOtherwise, a home equity line of credit, also known as a HELOC, lets you borrow money against a portion of your home's equity. The average HELOC interest rate is just shy of 10%, according to Bankrate.

Persons: Jacob Channel, Andy Walden, Holden Lewis, Lewis Organizations: Louis Federal Reserve, Intercontinental Exchange's Mortgage, Intercontinental Exchange

Though many say they are thankful to have Social Security payments at all, they aren't enough to fill the gap. To help pay the bills, nearly 80% of retirees receive some Social Security income, per BI's calculations, and the Social Security Administration estimates that 97% of older adults will ultimately receive benefits. She told BI that her expected $2,000 monthly Social Security payments may not be enough. As pensions dissipate and only higher-earning retirees have savings, Social Security might only become more pivotal for retirees. Advertisement"I don't want to be rich, I just need to be comfortable," 62-year-old Angela Babin — who lives on her $1,100 monthly Social Security check — told BI.

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☆ ‘The time has come’: The Fed just sent a crucial message about its next move
▼ + stars: | 2024-08-23 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

And so does the broader US economy: Economic growth this year has been solid and the Atlanta Fed is projecting that growth hasn’t slipped. “The labor market is cooling, but it’s not getting soft. A slowing job market is also playing a role in nudging the Fed to ease borrowing costs. Translation: The recent weakness in the job market could result in American shoppers curbing their spending more than expected. A big question mark is the future of America’s job market, which is a key driver of the US economy.

Persons: Washington CNN —, “, Jerome Powell, ”, “ Powell, Seema Shah, hasn’t, ” Tom Porcelli, it’s, Powell, cooldown, ” Powell, aren’t, they’re, —, “ There’s, Elizabeth Renter Organizations: Washington CNN, Federal, Fed, Markets, Asset Management, Atlanta Fed, Treasury, CNN, Walmart, America’s Locations: Jackson Hole , Wyoming, nudging

☆ Meet the new moms using up to $700 in monthly basic income to afford childcare. It could be the answer to helping parents stay employed.
▼ + stars: | 2024-08-06 | by ( Allie Kelly | ) www.businessinsider.com time to read: +10 min

They were not required to meet any household income requirements, which are typical criteria for basic income programs. The US has launched over 100 guaranteed basic income pilots — and RxKids joins a growing number focused on families. She told BI that guaranteed basic income lets parents choose a childcare and employment situation that works best for their families. Shamarra Woods, 31, said Atlanta's guaranteed basic income pilot helped her afford daycare for her daughter. Hashash said that guaranteed basic income can help parents cover these childcare costs and build a career with predictable hours.

Persons: —, Celeste, Timlin, Siobhan, It's, RxKids, GBI, She's, Celeste Lord, Shamarra Woods, Woods, Hashash, she's, who's Organizations: Service, Business, Assistance, US, Pilots, Economic Security, ReadyNation Council, Strong, Opportunity Fund, Women, Children Locations: Flint , Michigan, RxKids, Flint, Los Angeles, Denver, Chicago, Philadelphia, America, Atlanta, Georgia

Chase Sapphire Reserve® OverviewThe Chase Sapphire Reserve® is one of the best travel rewards credit cards of all time. Chase Sapphire Lounges will be available to Chase Sapphire Reserve® cardholders and all Priority Pass members. Chase Sapphire Reserve® vs. Chase Sapphire Preferred® CardIf you're trying to decide between the Chase Sapphire Reserve® and Chase Sapphire Preferred® Card, you'll want to decide if each card's annual fee is justified based on your travel and spending habits. Chase Sapphire Reserve® Cardholder InsightsAs part of our analysis of the Chase Sapphire Reserve®, we've considered discussions across various forums, including notable mentions on Reddit and FlyerTalk. Chase Sapphire Reserve® Frequently Asked QuestionsWhat credit score do you need to get the Chase Sapphire Reserve®?

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☆ What to know about airline refunds, delays as global IT outage causes 'mass chaos,' expert says
▼ + stars: | 2024-07-19 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports. Ting Shen/Bloomberg via Getty ImagesMajor airlines like United, Delta and American Airlines grounded flights Friday morning amid a global IT outage impacting their operations, triggering delays for travelers. More from Personal Finance:Global tech outage hits financial services companies, including Charles SchwabRent a car for a road trip, or drive your own? Expedia, for example, said on social media Friday morning it was "experiencing high call volume and long wait times due to a global IT outage. The United Airlines terminal on July 19, 2024 as a global technology outage affected LAX airport in Los Angeles.

Persons: Ting Shen, Eric Napoli, Napoli, There's, John Breyault, Charles Schwab, Taylor, Biden, Breyault, Sara Rathner, Myung J, Chun Organizations: Delta Airlines, Ronald Reagan National Airport, Airlines, Bloomberg, Getty, American Airlines, U.S . Department of Transportation, National Consumers League, Finance, Global, United Airlines, Los Angeles Times, Transportation Department, Microsoft Locations: Arlington , Virginia, Delta, Los Angeles

The Amazon Prime Visa earns 5% back at Amazon and Whole Foods and offers 0% intro APR on select purchases. Earn an instant $200 by signing up for a new Amazon Prime Visa credit card by July 24. Cardholders with Amazon Prime membership earn 5% back on Amazon, Amazon Fresh, Whole Foods, and Chase Travel purchases, all without paying an annual fee. If you're an Amazon Prime member, your Prime Visa card benefits extend far beyond the initial bonus and 5% cash back. Cardholders without Amazon Prime membership earn 3% cash back on Amazon bonus categories: Amazon, Amazon Fresh, Whole Foods, and Chase Travel.

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Morsa Images | Digitalvision | Getty ImagesIt's no secret that many college graduates are struggling with student loan debt. Nearly 1 in 5 student loan borrowers in the U.S. — or 19% — say they are hiding their loan balance from their partner, according to a new report from NerdWallet . Shame, guilt, depression and anxiety swirling the topic of student debt can lead borrowers to keep the details of their loans secret, therapists say. If your significant other doesn't also have outstanding student debt, the topic can feel especially taboo, he added. Student debt can make it harder to buy a house, start a family and save for the future, research shows.

Persons: Traci Williams, Clay Cockrell, Cockrell, Kate Wood, Wood, you've Organizations: Getty, Harris Poll, Finance Locations: U.S, NerdWallet, East Point , Georgia, New York

☆ I booked an all-inclusive trip to the Amazon rainforest, and I can't believe how much I got for $90 a day
▼ + stars: | 2024-06-23 | by ( Eibhlis Gale-Coleman | ) www.businessinsider.com time to read: +7 min

Read previewAs a child, I dreamed of visiting the Amazon rainforest, but I always envisioned it being wildly inaccessible. So when I found a three-day, all-inclusive tour of the Amazon rainforest at Green Forest Ecolodge for just $270, I knew I had to go. The package included all my meals, bus and canoe transfers, a private lodge, and up to four activities a day. I couldn't believe the value I got for my moneyI highly recommend this all-inclusive trip. Eibhlis Gale-ColemanVisiting the Amazon rainforest was the opposite of what I expected.

Persons: —, Eibhlis Gale, Coleman, I'd, Gale, Elvis Organizations: Service, Business, Lago Agrio Locations: Ecuador, Quito, Lago

☆ Why buy now, pay later debt could become a problem for the U.S. economy
▼ + stars: | 2024-06-20 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +2 min

Buy now, pay later options are becoming more accessible to consumers. A quarter of Americans surveyed in April 2024 said they used buy now, pay later services in the past 12 months, according to a recent report from NerdWallet. The number of buy now, pay later loans increased nearly 1,100% between 2019 and 2021, according to data compiled by the Consumer Financial Protection Bureau. The rapid growth has some analysts concerned because where there are loans, there is debt — but exactly how much debt is still unclear. The FTA is a trade group that represents four of the largest buy now, pay later providers: Klarna, Afterpay, Zip and PayPal.

Persons: Shannon Grein, Penny Lee Organizations: Consumer Financial, Bureau, CNBC, Financial Technology Association, PayPal Locations: NerdWallet, Wells

☆ Inflation unexpectedly cools off as the Fed decides its next move
▼ + stars: | 2024-06-12 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

Meanwhile, the gas index rose 2.2% from May 2023 to this past May, higher than the 1.2% year-over-year increase in April. The food index rose 2.1% for the 12 months ending May after it was consistently seeing year-over-year increases of 2.2%. More specifically, the food at home index rose 1.0% for the 12 months ending May after a 1.1% increase. Meanwhile, the food away from home index rose 0.4% in May from the preceding month and 4.0% year over year in May. Inflation measures like the CPI suggest US inflation is still too high although these rates look a lot better than back in 2022.

Persons: —, it's, Elizabeth Renter, David Kelly Organizations: Service, Index, Bureau of Labor Statistics, Business, CPI, BLS, Housing, Morgan Asset Management

☆ US flight prices are over $200 cheaper than they were 30 years ago when adjusting for inflation. Here's why it doesn't feel like it.
▼ + stars: | 2024-06-10 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +10 min

But if you ask some Americans, airfares have gotten out of control in recent years. Keyes said international inflation-adjusted airfares for US passengers have also generally fallen over the past decade. To be sure, any frustrations about airfare prices haven't stopped many Americans from flying. "The decline in inflation-adjusted airfares appears to be uncorrelated with the financial performance of the 'big three' airlines," Tan said. AdvertisementIt's also possible that after airfare prices plummeted due to the pandemic, 2022's swift rise in airfares caught Americans off guard.

Persons: —, airfares, Scott Keyes, Mike Daher, It's, Keyes, Biden, Kerry Tan, they've, haven't, Tan, Tan, there's, airfare, Hayley Berg, Hopper's, NerdWallet Organizations: Service, Bureau of Transportation Statistics, Business, Deloitte, Gallup, JetBlue, Spirit Airlines, Department of Transportation, TSA, Loyola University Maryland, Delta, of Transportation, Airlines for America, Southwest, Spirit, United, Biden Administration, The Airlines Locations: United, America

☆ 5 ways to maximize your vacation days
▼ + stars: | 2024-06-03 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

D3sign | Moment | Getty Imageswatch nowAbout 21% of Americans who work in the private sector don't get paid vacation, and 20% do not get paid holidays, according to the BLS. Here's how you can maximize your vacation time, whether paid or unpaid — both for efficiency and overall quality, according to experts. 'Play a little Tetris'Grouping vacation days with other guaranteed time off helps extend your time away without sacrificing additional paid time off, experts said. Pace PTO in a 'measured' wayPacing vacation days throughout the year in a "measured" way helps prevent burnout, Saunders said. Workers who don't get many days off (perhaps 10 total, for example) may want to consider taking one longer trip that requires four or five PTO days and bundling their remaining days with paid holidays, Saunders said.

Persons: Saunders, There's, Sally French Organizations: BLS, Westend61, Getty, Workers, Pace, Saturday

☆ The generation that may never retire: Why some millennials are behind on savings — and how they can catch up
▼ + stars: | 2024-05-29 | by ( Jacob Zinkula | William Edwards | ) www.businessinsider.com time to read: +14 min

However, the average millennial reported roughly $63,000 in retirement savings so far. While millennials will need more money to retire comfortably, many are far away from the savings milestone experts suggest. What's more, the future of the US Social Security system is uncertain, and longer expected lifespans — while a positive development — will require more retirement savings. How to figure out how much retirement savings you needTiffany Bell, a 36-year-old business management professional based in Houston, didn't always take retirement savings seriously. How millennials can get their retirement savings back on trackWhile some millennials are struggling financially, it's not all doom and gloom when it comes to their retirement prospects.

Persons: Nathaniel Hudson, Hartman, millennials, Tiffany Bell, didn't, Bell, she's, they're, Chris Chen, Chen, Judi Leahy, it's, Leahy, NerdWallet, Bell —, —, X, What's, Nilay Gandhi, Roth, Rita Assaf, Assaf, Gandhi Organizations: Business, Northwestern Mutual, Pew, US Social Security, Fidelity, Financial, Citi, Wealth Management, Vanguard, Big, CFP, Roth IRA, Fidelity Investments, Savings, Hudson Locations: Portland, Houston, New York, Montana

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