Latest Personal spending News

Cyber Monday deals lure in consumers amid high inflation

Nov. 28, 2022 10:21 AM EST

NEW YORK (AP) — Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation. Cyber Monday is expected to remain the year’s biggest online...

Kimberly Palmer: Holiday survival tips from 5 financial pros

Nov. 28, 2022 07:06 AM EST

For Ryan Decker, surviving the holiday shopping season is all about planning ahead. In fact, if he sees a gift for one of his two young sons in March, he’ll go ahead and buy it, instead of rushing through his shopping list in December. “It very much eases the burden,” he says,...

Biden, family hit Nantucket stores for some holiday shopping

Nov. 26, 2022 16:08 PM EST

NANTUCKET, Mass. (AP) — President Joe Biden went holiday shopping on the Massachusetts resort island where he spends Thanksgiving, patronizing smaller independently owned stores on what the retail industry has called “Small Business Saturday.” Biden, his wife, Jill, and...

Inflation hovers over shoppers seeking deals on Black Friday

Nov. 25, 2022 18:59 PM EST

NEW YORK (AP) — Cautious shoppers hunted for the best deals at stores and online as retailers offered new Black Friday discounts to entice consumers eager to start buying holiday gifts but weighed down by inflation. Due to elevated prices for food, rent, gasoline and other...

In Your Debt: 4 ways to limit your holiday debt

Nov. 25, 2022 09:13 AM EST

There’s a magical feeling in the air this time of year, but that magic costs money. Every year, the pressure looms large to spend more to create perfect holidays. This high-cost season can leave you with debt that sticks around. According to NerdWallet’s 2022 Holiday Shopping...

Tennessee judges uphold contentious school voucher law

Nov. 24, 2022 12:24 PM EST

A Tennessee judicial panel has upheld the state’s school voucher law, which allows public tax dollars to be given to families to pay for private schooling. Critics of vouchers argue that the law will weaken the state's public education system, but the three-judge panel said...

Holiday shopping kicks off with inflation dampening spirits

Nov. 24, 2022 10:21 AM EST

NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains. The U.S. job market remains strong, consumer spending is resilient and inflation has been slowing. But elevated prices for food, rent, gasoline and other...

Thanksgiving travel rush is back with some new habits

Nov. 23, 2022 18:53 PM EST

The Thanksgiving travel rush was back on this year, as people caught planes in numbers not seen in years, setting aside inflation concerns to reunite with loved ones and enjoy some normalcy after two holiday seasons marked by COVID-19 restrictions. Changing habits around work and...

Shoppers hunt for deals but inflation makes bargains elusive

Nov. 23, 2022 10:54 AM EST

NEW YORK (AP) — Consumers holding out for big deals — and some much-needed relief from soaring costs on just about everything — may be disappointed as they head into the busiest shopping season of the year. While retailers are advertising sales of 30%, 50% and 70% off...

Why booking directly with airlines can be more expensive

Nov. 23, 2022 09:23 AM EST

Early in the pandemic, many travelers experienced headaches while trying to rebook air travel purchased through third parties such as Orbitz and Kayak. Overloaded customer service centers and constantly changing airline policies resulted in a big mess at these agencies, prompting many travelers to...