31% of millionaires claim they belong to the middle class

Feeling wealthy is becoming a rare luxury for most people these days. A recent Ameriprise Financial survey found that only 8% of millionaires consider themselves wealthy, while 31% identify as middle class. This feeling of financial insecurity is attributed to inflation, high interest rates, and economic uncertainty. Even highly paid professionals, termed as the “regular…

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Experts recommend using travel alternatives to save money on your 2024 trip.

Travelers are increasingly turning to “dupes” – alternative destinations that offer similar experiences to popular ones – to save money on flights and accommodations, according to new data from Expedia, a travel platform. Expedia revealed that flight searches for “dupe” destinations surged in 2023, with searches to cities like Taipei, Pattaya, Curaçao, Perth, and Liverpool…

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Delays in bank deposits pose challenges for customers

Customers at several major banks, including Bank of America, Chase, Truist, U.S. Bank, and Wells Fargo, experienced direct deposit delays due to an industry-wide processing issue on Friday. The outages were reported by banking customers, although the exact nature of the complaints was not specified. However, according to Downdetector, there was a surge of reported…

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