RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Household Financial Priorities Reflect Economic Improvement

November 21, 2014 1:25 am

According to a recent report by Bankrate.com, Americans' feelings about job security, comfort level with debt, net worth, and their overall financial situation all showed improvement compared to one year ago.

For the third consecutive year, Americans' top financial priority is getting caught up on bills or staying current on living expenses. Nearly half of Americans say that they are most concerned with getting a handle on their bills.

Staying current or getting caught up on bills was the most common priority across all age groups, but highest among those ages 50-64. Americans age 65 and older were more likely than any other age group to say providing financial assistance to family members or friends was their top priority. Other commonly cited top financial priorities include paying down debt (22 percent) and saving (17 percent).

Savings, however, are still a weak spot for Americans, with nearly one-third of Americans saying they're less comfortable with the amount of contributions to their savings.

Source: Bankrate

Published with permission from RISMedia.


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'Friendsgiving' Growing in Popularity

November 20, 2014 2:01 am

In recent years, enjoying a traditional Thanksgiving meal at home with family has given way to trends like ‘Friendsgiving’ and shopping in retail stores on Thanksgiving Day. Is this the new normal among young adults today?

Leading global app Skout recently conducted a survey that sheds light on the answer. The survey questioned more than 1,300 adults on their thoughts and plans for the holiday. The results aren't what most would expect.
- Eighteen percent of adults age 30-39 are planning to spend Thanksgiving with friends, compared to just 11 percent of adults age 18-29 planning to do the same.

- The majority of adults age 18-39 agreed that retail stores should not be open on Thanksgiving Day so that employees can enjoy time with friends and family.

- “Awkward conversations” topped the list of factors most likely to ruin Thanksgiving (46 percent).

- Nearly half the country will be holding a potluck-style meal this year. Forty-four percent of adults surveyed plan to share kitchen responsibilities with their host and celebrate the holiday with a potluck.

- Over half of males (59 percent) surveyed have faked a store-bought dish as homemade. Fifty percent of vegetarian responders admit they’ve also faked a homemade dish.

- Fifty-three percent of adults plan to tune in to a Thanksgiving Day football game.
Source: Skout

Published with permission from RISMedia.


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