Category Archives: Futureshop

Ann Coetzee is CEO of Little Eden

Purpose ensures that our lives have meaning and direction and helps us to face obstacles and develop resilience.

The average net worth that Americans feel is needed to qualify as wealthy has surprisingly declined, compared to last year, though it is still an eye-popping figure, Charles Schwab found. The financial services company said in the latest edition of its “Modern Wealth Survey” that Americans now view $2.3 million as the benchmark for counting […]

FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as the payment method surges in popularity.  The FICO Score 10 BNPL and FICO Score 10 T BNPL will be the first credit scores from a leading credit scoring provider to incorporate this data. FICO said […]

Retirement remains top of mind for many Americans, whether they are approaching their so-called “golden years” or have many years to go before leaving the workforce.  How much money a person needs to have saved to retire without financial stress is an important consideration in the retirement preparation process, and that can vary depending on […]

How people tackle their finances can vary but, according to new research from PYMNTS, there are two ways that are most common. PYMNTS found just 40% of American consumers are “planners,” meaning their strategy for money had more foresight.  That figure has gone down compared to the roughly half who tackled their personal finances that […]

Managing one’s finances can be challenging, especially when faced with conflicting — and often wrong — information fed to people, especially on social media.  Buying into common misconceptions surrounding money can be harmful, putting someone on their back foot when it comes to financial health.  Jonathan Kim, a personal finance expert and the head of […]

Retirement account balances dipped in the first quarter due to stock market turbulence. Still, people kept socking away money for their retirement, according to new data from Fidelity Investments.  The financial services company analyzed more than 50 million retirement accounts, finding that the average balances of 401(k), IRA and 403(b) accounts all saw small declines […]

Using “buy now, pay later” (BNPL) has become increasingly common in recent years as people look to split up and finance purchases they make.  According to Credit Sesame financial analyst Richard Barrington, some key steps people should take as they utilize BNPL include budgeting beforehand, reviewing the terms of the plan, determining what fees could […]

President Donald Trump’s “big, beautiful bill” cleared the House and is making its way through the Senate.  Still, critics point out the bill, which is over 1,000 pages, will add trillions to what is already ballooning government debt hovering at $36 trillion and deficits. However, U.S. Treasury Secretary Scott Bessent believes this can be managed.  […]