Tuesday, April 7, 2026

Pandemic's Impact Compels Parents To Talk Money With Their Kids

Tue, 20 April 2021  |  pandemic 

A new study from T. Rowe Price provides a look at how the coronavirus pandemic has impacted families' financial well-being, compelling more parents than ever to have conversations regarding money matters with their children. Further, the study shows how the pandemic has exacerbated existing racial inequalities, including the racial retirement savings gap.

T. Rowe Price's 13th annual Parents, Kids & Money Survey, which sampled more than 2,000 parents and their 8- to 14-year-olds, reveals insights into the pandemic's impact on different families. The findings sug... Read More

Nearly Two-thirds Of U.S. Adults Interested In Crypto

Tue, 20 April 2021  |  investing payments 

A new survey by Gemini, the crypto exchange and custodian, points to a significant expansion and diversification of the nation's crypto investors. The 2021 State of US Crypto Report illustrates how attributes like gender, age, income and location are changing from the typical crypto investor. According to the report the number of cryptocurrency investors is set to double this year. In addition, older women make up the majority of the "crypto curious" — those on the brink of investing — and many of whom are nearing retirement.

The survey also revealed that the... Read More

Two-Thirds of Americans Planning Summer Vacations

Tue, 20 April 2021  |  travel 

With summer right around the corner, it's not just the weather that's heating up. Tripadvisor's 2021 Summer Travel Index reveals that - with every passing day - travel is making a big comeback. Nearly half of Americans (43%) in a recent Tripadvisor survey believe travel activity will rebound within three months. With Americans no longer settling for staycations and local trips, it appears true vacation getaways are coming back en vogue.

Over two-thirds of Americans (67%) are planning to travel this summer (June 1 - August 31), which is a 17% increase from those who traveled this sp... Read More

Venmo Rolls Out Crypto

Tue, 20 April 2021  |  payments technology 

Venmo, the online payments platform serving more than 70 million customers, announced the launch of crypto on the app. With crypto on Venmo, customers can view cryptocurrency trends, buy or sell crypto, and access in-app guides and videos to help answer commonly asked questions and learn more about the world of crypto. Customers using crypto on Venmo can choose from four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash. When they make transactions, customers can also choose to share their crypto journey with their friends through the Venmo feed.

"Crypto on ... Read More

Millennials Already Planning For Retirement

Mon, 19 April 2021  |  millennials retirement 

Coming of age in the wake of 9/11, the Market Crash of 2008 and the Great Recession has impacted Millennials' financial concerns, investing habits, and future earnings potential. Add a global pandemic during their prime earning years, and it's no wonder Millennial investors' financial optimism declined 24 percentage points to 38% in 2020, from 62% in 2019. Yet, after weathering two "once-in-a-lifetime" financial crises, Millennials are clearly bucking the "slacker" perception, with 81% saying that they have a plan to protect themselves against outliving their savings, w... Read More

Large 401(k) Plans Seek to Retain Retiree Assets

Mon, 19 April 2021  |  retirement 

Initially a vehicle to help Americans save for retirement, 401 (k) plans could become an important source of income for retirees when they stop working, according to the 15^th Annual Defined Contribution Consulting Study conducted by PIMCO. Consultants who participated in the survey said approximately three-fourths of 401(K) sponsors prefer to keep participant assets in plan after they enter retirement, up from less than half in 2015. Allowing flexibility in income distribution, adding retirement education/tools and communicating the value of staying in plan, were among the mos... Read More