Baby boomers

Acorns 2024 Money Matters Report™ Reveals Growing Financial Concerns Among Americans Amidst Rising Costs and Global Uncertainty

Retrieved on: 
torsdag, maj 9, 2024
Education, Generation Z, Uncertainty, Climate change, Homelessness, Baby boomers, Millennials, Life, Hope, News, Opinium Research, AI

IRVINE, Calif. and NEW YORK and LONDON, May 9, 2024 /PRNewswire/ -- Acorns, a leading saving and investing app, today released its 2024 Money Matters Report™, shedding light on the current financial concerns gripping Americans. The report reveals a growing unease, with nearly a quarter of Americans expressing concern that their financial situation could lead to homelessness. More than half of those surveyed expressed concerns about the effect macro events like global war and conflict have on their financial security. With the cost of living, inflation and debt topping their list of concerns, a significant portion also lack emergency funds, while many are intensifying their savings efforts amidst mounting worries about their financial futures.

Key Points: 
  • The report reveals a growing unease, with nearly a quarter of Americans expressing concern that their financial situation could lead to homelessness.
  • While the 2024 Money Matters Report shows a rise in uncertainty, it also validates the impact of early financial literacy education on future financial security, with almost two-thirds of Americans reporting they'd be better off today if they had more financial education earlier in life.
  • The rise of AI and climate change also impact financial security, with 39% and 42% respectively citing financial security concerns.
  • For more information on the 2024 Money Matters Report™ and Acorns' commitment to empowering financial wellness, visit Acorns' website.

90% of UK Entrepreneurs Leverage AI, Blockchain and Cloud Computing to Boost Efficiency

Retrieved on: 
torsdag, maj 9, 2024
Networks, Professional Services, Business, Blockchain, Data Management, Consumer, Start-Up, Technology, Small Business, Artificial Intelligence, Generation Z, Millennials, Consulting, Education, Baby boomers, Investment, Tech, AI, Entrepreneurship, Traction, Research, Cloud computing, Gen, Digital, Culture, Trust, Brexit, Head, Growth

The survey of 1,000 UK business owners and aspiring entrepreneurs explores the rapidly changing entrepreneurial ecosystem.

Key Points: 
  • The survey of 1,000 UK business owners and aspiring entrepreneurs explores the rapidly changing entrepreneurial ecosystem.
  • As UK businesses navigate the complexities of a globalised economy, entrepreneurs are adjusting their strategies to tap into international markets and boost cross-border trade.
  • UK entrepreneurs are redefining their global strategies by elevating AI and emerging technologies from handy tools to transformative assets for business growth.
  • By investing in innovative technologies and fostering a culture of adaptability, entrepreneurs can reach new heights, regardless of their location.

Amid High Interest Rates and Inflation, American Homeowners Would Rather Renovate Than Buy a New Home

Retrieved on: 
måndag, maj 6, 2024
Residential Building & Real Estate, Construction & Property, Technology, Generation Z, Generation X, Finance, Fintech, Banking, Professional Services, Baby Boomers, Millennials, Personal Finance, Digital Cash Management, Digital Assets, Payments, Consumer, 2022–23 Feyenoord season, Baby boomers, Housing, Habit, Gen, Fed, Multimedia, Marketing, Discover, Home, Interest, Real estate

View the full release here: https://www.businesswire.com/news/home/20240506832767/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240506832767/en/
    84% of U.S. homeowners say interest rates have impacted their decision to buy a new home.
  • (Graphic: Business Wire)
    The survey found high interest rates are having a profound impact on American homeowners.
  • 84% who were planning to buy a new home say interest rates have affected their decision.
  • Consumers should reset their expectations and budgets accordingly.”
    Interest rates are also modifying homeowners’ preferred financing options.

Entrepreneur Larrin Devereaux Advocates Boomers Seek to Flip Websites Not Houses for 2-5X Gains

Retrieved on: 
onsdag, maj 8, 2024
UCLA, Multimedia, Marketing, Philosophy, Mentorship, Baby boomers, Columbia University, Investment, COVID-19, Knowledge, Management

LOS ANGELES, May 8, 2024 /PRNewswire-PRWeb/ -- In the midst of a rapidly changing economic landscape,Larrin Devereaux Marrisett emerges as a visionary, advocating for a new approach to wealth creation among older generations. Leveraging over 15 years of expertise in direct response marketing and website flipping, Larrin introduces a paradigm shift in investment strategy, urging Baby Boomers to explore the lucrative potential of digital assets.

Key Points: 
  • As the world grapples with unprecedented challenges, including the fallout of a global pandemic and economic uncertainties, traditional investment avenues are being reevaluated.
  • Larrin, a seasoned marketer who has orchestrated national campaigns targeting the Baby Boomer demographic, recognizes the need for diversification and adaptability in wealth-building endeavors.
  • Larrin perceives this shift as a pivotal moment for Baby Boomers to embrace the untapped potential of website flipping.
  • As a thought leader in performance marketing, Larrin Devereaux Marrisett represents a beacon of innovation and opportunity in the digital landscape.

Digital River Survey Finds Consumers Express Optimism for Future Finances Despite Economic Pressures

Retrieved on: 
torsdag, maj 2, 2024
Other Consumer, Personal Finance, Technology, Finance, Electronic Commerce, Professional Services, Internet, Consumer, Retail, Online Retail, Gen, Generation Z, Digital River, Uncertainty, Digital, Millennials, Baby boomers, Pressure, Habit

Global economic worries persist, yet consumers are less concerned about personal finances compared to previous years.

Key Points: 
  • Global economic worries persist, yet consumers are less concerned about personal finances compared to previous years.
  • Despite facing heightened financial strain, a significant portion of consumers anticipate a brighter financial future ahead, with hopes for improvement over the next year.
  • Over half (55%) of consumers are concerned about the current state of their country’s economy, with 54% feeling more stressed about their personal finances.
  • Yet compared to 2022, consumers are generally more optimistic about the future of their financial situation.

In Debt and Full of Regret: Americans, Overwhelmingly, Have at Least One Financial Regret and Credit Cards Top the List

Retrieved on: 
onsdag, maj 1, 2024
Gen, Generation Z, Retirement, Millennials, Financial Literacy Month, Baby boomers, Research, News, Regret, Bank

FORT LAUDERDALE, Fla., May 1, 2024 /PRNewswire/ -- In honor of Financial Literacy Month, Debt.com conducted a survey of 1,000 Americans to uncover their biggest money regrets. The results were eye-opening.

Key Points: 
  • 78% admitted to having financial regrets with 1 in 5 saying excessive credit card use as their most remorseful decision.
  • Topping the list of regrets was overspending on credit cards, which was cited by a significant portion of respondents.
  • "It's no surprise that credit card debt is a growing regret," says Debt.com president Don Silvestri .
  • Nearly half of respondents admit that their credit card debt is a constant source of worry and say their credit card debt is "always on their mind."

More is More this Mother's Day: OpenTable Reveals Moms May Dine Out Multiple Times (With and Without the Kids) and 62% of Diners Plan to Spend More vs. Last Year

Retrieved on: 
tisdag, april 30, 2024
Baby boomers, Woman, OpenTable, Gen, Generation Z, Restaurant, Friends, SVP, Eye, Breakfast, Mother, Generation X, SAN

SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- The mother of all dining days is upon us: Mother's Day was the biggest dining day of 2023 and the Saturday before (May 13) took the #2 spot,1 according to OpenTable data, pointing to festivities happening all weekend long. Research suggests the trend will continue this year as nearly a third (31%) of American moms being celebrated will consider dining out multiple times for the occasion. This includes without the kids: 31% of moms will consider dining out with friends, 21% will consider a date night sans kids and 10% may dine out solo.2

Key Points: 
  • R esearch suggests the trend will continue this year as nearly a third (31%) of American moms being celebrated will consider dining out multiple times for the occasion.
  • Big spenders revealed: 62% of respondents are planning to spend more at a restaurant, bar or cafe this Mother's Day than last year.
  • "Mother's Day festivities now include dining out multiple times all weekend long, and diners are planning to spend more than last year, with Gen Z more likely to splurge than any generation."
  • "  This year, the list spans 29 states and Washington D.C., with California seeing the largest share of restaurants (13) for the fourth year running.

36% OF MARIJUANA USERS REPORT REDUCED ALCOHOL CONSUMPTION SINCE USING CANNABIS PRODUCTS, NUMERATOR REPORTS

Retrieved on: 
torsdag, april 18, 2024
Snack, Energy, Taco Bell, Uber Eats, Consumer, THC, Candy, Sport, Beer, Little Caesars, Baby boomers, Dominoes, Pizza Hut, Gen, Generation Z, Friends, Box, Cannabis, Pain management, Popeyes, Music, Creativity, Fraction, Drink, Sleep, Drug

Overall, cannabis user profiles vary significantly based on substance type, with THC / marijuana users skewing younger and using cannabis on a more regular basis than CBD-only users, who tend to be older and less frequent users.

Key Points: 
  • Overall, cannabis user profiles vary significantly based on substance type, with THC / marijuana users skewing younger and using cannabis on a more regular basis than CBD-only users, who tend to be older and less frequent users.
  • THC usage impacts alcohol consumption, and more frequent users spend less than infrequent users on alcohol.
  • More than 1 in 3 THC users (36%) say they have reduced their alcohol consumption since they began using cannabis products — yet they are still more likely than non-users to buy alcohol (73% vs. 65%).
  • Daily THC users spend 15.3% of their grocery dollars on alcohol, infrequent users spend 18.1%, and non-users spend 14.3%.

Paylocity Unveils Modern Features for the Next-Generation Workforce

Retrieved on: 
tisdag, april 16, 2024
ZipRecruiter, Baby boomers, Learning, Head, Bias, HR, Gallup, Communication, Workplace, HCM, Gen, Generation Z, SMS, Culture, Acquisition, Workforce, LMS, Community, Gmail, Organization, Growth, Management

"In the feedback collected from our most recent HR Systems Survey Report, only Paylocity users were most likely to describe their HCM technology experience as ‘consumer-grade,’” said Stacey Harris, Chief Research Officer and Managing Partner of Sapient Insights Group. “As workforce dynamics shift with the influx of Gen Z talent, a consumer-grade technology experience -- one that is engaging and efficient -- is essential for organizations looking to increase the use and adoption of HR applications and optimize their investments.”

Key Points: 
  • Leveraging advanced AI-driven automation, integrated workflows , and customizable processes, Paylocity introduces innovative features tailored to resonate with the next-generation workforce.
  • These features can be accessed through Paylocity’s #1-rated HR mobile app , enabling employees to enjoy consumer-grade experiences right at their fingertips.
  • "The Paylocity mobile app has brought about a profound shift in how our mobile-first workforce interacts with HR.
  • “Paylocity clients have seen a 72% growth in the number of Gen Z workers in the last 36 months, making us acutely aware of the shifting dynamics in today's workforce,” said Steve Beauchamp, co-CEO of Paylocity.

1031 Crowdfunding Announces Launch of Bridge Fund III

Retrieved on: 
torsdag, maj 2, 2024
Architecture, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, REIT, Trauma surgery, Multimedia, Baby boomers, Financial services

1031 Crowdfunding (1031 CF), a real estate investing platform and leading sponsor of Delaware Statutory Trusts (DSTs) concentrated in the senior housing sector, is proud to announce their launch of 1031CF Bridge Fund III, a finance fund with a value add component that targets commercial real estate assets in the senior living space.

Key Points: 
  • 1031 Crowdfunding (1031 CF), a real estate investing platform and leading sponsor of Delaware Statutory Trusts (DSTs) concentrated in the senior housing sector, is proud to announce their launch of 1031CF Bridge Fund III, a finance fund with a value add component that targets commercial real estate assets in the senior living space.
  • View the full release here: https://www.businesswire.com/news/home/20240502902899/en/
    Bridge Fund III Properties (Photo: Business Wire)
    Bridge Fund III represents a strategic move by 1031 Crowdfunding to capitalize on the growing demand for assisted living and memory-care facilities to accommodate the aging population nationwide.
  • “We are excited to introduce Bridge Fund III as part of our ongoing effort to deliver value and growth opportunities to our investors,” said Edward Fernandez, President and CEO of 1031 Crowdfunding.
  • For more information about Bridge Fund III and 1031 Crowdfunding, please visit 1031Crowdfunding.com or call at (844) 533-1031.