Tag:

Budgeting

NY Shoppers Feel Inflation But Spend Less Of Income On Groceries Than Many States: Study NY Shoppers Feel Inflation But Spend Less Of Income On Groceries Than Many States: Study
NY Shoppers Feel Inflation But Spend Less Of Income On Groceries Than Many States: Study Inflation and soaring grocery prices are squeezing US households at the beginning of 2025, but a new study says Northeast families are spending less of their income on food than other parts of the country. A study from WalletHub called States Where People Spend the Most & Least on Groceries was released on Thursday, Feb. 13. Despite higher food costs, residents in many Northeast and mid-Atlantic states spend a smaller share of their incomes on groceries compared to others. WalletHub said the cost of groceries has surged more than 25 percent since 2019, straining household…
How Much Should I Spend On My First Home? How Much Should I Spend On My First Home?
How Much Should I Spend On My First Home? One of the biggest questions for first-time homebuyers is, "How much can I afford?" Before you start looking for a home, you should absolutely have your budget in mind. You don’t want to fall in love with a home that’s out of your price-range only to be disappointed that you can’t afford it. Here are some tips on how to determine your home-buying budget. Can you use your rent as a good indicator of a monthly payment? When determining a budget, there are two questions: What can I afford to pay every month? And, what can I afford to purchase? Some buyers might start their search thinking th…