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Financial planning

Buy Now, Pay Later Fuels Summer Travel – But Debt Could Follow You Home Buy Now, Pay Later Fuels Summer Travel – But Debt Could Follow You Home
Buy Now, Pay Later Fuels Summer Travel – But Debt Could Follow You Home Plenty of Americans are ready to pack their bags this summer – but some could still be paying for their vacations long after the trip ends. Nearly one in five summer travelers (18%) plan to use buy now, pay later services to cover some of their vacation costs in 2025. The findings were part of NerdWallet's 2025 Summer Travel Report. These short-term installment loans may seem like an easy way to book a trip without a big upfront payment, but financial experts warn they can lead to more debt than many travelers expect. "Americans are determined to travel this summer, but they're gettin…
Going Broke Scarier Than Death For Many Americans, New Study Says: Here's Why Going Broke Scarier Than Death For Many Americans, New Study Says: Here's Why
Going Broke Scarier Than Death For Many Americans, New Study Says: Here's Why Nearly two in three Americans worry more about running out of money than dying, according to a new survey. Allianz Life released its 2025 Annual Retirement Study on Tuesday, April 22. The life insurance provider found that 64% of US adults fear going broke more than death. That fear cuts across generations but is most common among Gen Xers in their 40s and 50s, with 70% saying they worry about outliving their savings. Millennials followed at 66%, while 61% of baby boomers said they share the same concern. The biggest financial concerns were inflation, taxes, and Social Security. "Wit…
$1M Lottery Winner: Pembroke Woman Planning Family Vacation With Big Payday $1M Lottery Winner: Pembroke Woman Planning Family Vacation With Big Payday
$1M Lottery Winner: Pembroke Woman Planning Family Vacation With Big Payday A Massachusetts woman has big plans for her family after winning a $1 million prize in the state lottery.  Erin Cobb, of Pembroke, won the seven-figure payday in the "Jaws"-theme instant win game. Related: Mass. Lottery Winner Dreamt About Winning Ticket Before Buying It  She said she plans to invest the money and take her family on a well-earned vacation.  "This is life-changing," she told the lottery. "We will make the most of it and will have some fun!" Cobb elected to take the lump-sum payment of $650,000 (before taxes) rather than the annuity.  She bought the ti…