From barrels brimming with beer and boots made for drinking to Bavarian pretzels and pork knuckles, Oktoberfest has it all. That’s why this centuries-old celebration brings more than five million partiers to Munich for a couple weeks each October. Yet only about 2% of the crowd typically hails from the U.S. And it’s little wonder why, considering the trip would cost the average American roughly $5,000, according to WalletHub estimates.
But much like it’s always five o’clock somewhere, you don’t need to visit the original Oktoberfest to feel the vibe. Many cities host their own festivals – most notably, Cincinnati and San Francisco. Even more local watering holes throw themed parties. Or maybe you just want to get festive at home. No matter what, we’ve got all the information you need to actually understand what you’re prost-ing to. Enjoy (responsibly)!
The release of each new iPhone model is a big-money occasion. Not just for Apple, the world's largest company by market capitalization and a new Warren Buffet favorite. But also for consumers, who will reportedly be asked to shell out up to $1,400 for the new device at a time when credit card debt is approaching record highs. The key, it seems, is that credit scores are at lofty historical levels, too. In other words, installment plans and other financing arrangements will help the iPhone remain as popular as ever into its second decade.
But how much do consumers really know about the connection between their credit scores and monthly cell phone bills? Do we care more about our phones than our credit scores? And just how excited are we about the iPhone's 10th anniversary model?
Labor Day is an occasion marked by contradictions. Despite honoring the fight for workers’ rights, it’s a day off for most. Even though it represents the unofficial end of summer, it’s still among Americans’ favorite holidays. And while it isn’t known shopping, we still spend a lot on Labor Day weekend fun.
To get a better sense of what Labor Day means to American consumers as well as how we plan to celebrate this year and how we’re going to pay for it all, WalletHub conducted a nationally representative survey on the subject. The survey was done online from Aug. 7 to Aug. 14. You can check out the results below.
Labor Day weekend is not just the last summer holiday you can celebrate — it’s also one of the best times of the year to shop. Many retailers mark down their inventory pretty sharply during the holiday, which is why many parents hold off until then to do their kids’ back-to-school shopping. You’re likely to find deep discounts on just about everything, from clothes to books to furniture to video games.
For more than a year, we kept an eye on America’s biggest retailers to find out what special deals they have in store for the upcoming holiday shopping bonanza. We also tracked various product categories to see which among them are discounted most heavily in September compared with the rest of the year. The standouts? Engagement Rings. If your wish list includes those items, September is the time to make room in your budget.
Labor Day in the 21st century is all about beaches, BBQs, ballgames and buying things. This year, for example, 25% of Americans plan to get out of town for Labor Day weekend. Nearly 128.5 million will enjoy a cookout. Thousands will pack college football stadiums. And the average Labor Day weekend shopper will spend $58 in the process, according to WalletHub’s survey.
But it hasn’t always been that way. Labor Day’s roots can be traced back to the streets of 1880s New York City, where rival union leaders joined forces to protest the unfair labor practices that plagued industry at the time. Other areas soon joined the fight, drawn by high-profile incidents such as the deaths of 30 workers at the hands of federal officials during the infamous Pullman Strike. As a result, 30 states actually celebrated Labor Day before it became a federal holiday in 1894.
It’s that time of year again. Kids across the country are headed back to school. And the violent grunts of the world’s best tennis players are set to join the Big Apple’s city symphony as play in the 137th US Open commences Aug. 28.
To get you ready for two weeks of tennis bliss, WalletHub explored the ins and outs of America’s major, from the first serve to the champions’ giant checks. After all, there’s never any shortage of storylines bouncing around the hard courts of the USTA Billie Jean King National Tennis Center.
People have all sorts of excuses for not checking their credit reports more often. Some say they just don’t have time. Others are afraid to see what’s on there. But two things are abundantly clear: 1) Credit reports are among the most important documents in our financial lives; and 2) We’d review them far more frequently if they were simpler.
That’s why WalletHub gives you free credit reports, updated daily, plus a timeline highlighting important changes. And to get a sense of just how much this type of simpler option could help people, WalletHub conducted a nationally representative survey on the subject of credit report complexity. The survey was done online from July 24 to July 31. You can check out the findings below.
Yes, Credit Karma is safe. In fact, the notion that it’s a scam is laughable. Not only is Credit Karma a real website with a solid reputation, but its services are also free to consumers, with no credit card required. Besides, the word “scam” connotes fraudulence, deception and financial swindling – none of which Credit Karma directly or intentionally partakes in.
The Consumer Financial Protection Bureau emerged from the fiscal fires of the Great Recession with the mission of defending American wallets. Now the future of the agency is questionable, at best.
Many on the political right want to cut the CFPB’s budget ($646 million for 2017) or get rid of the bureau altogether. Supporters of such plans hope to “free consumers and small businesses from the CFPB’s regulatory blockades,” as Sen. Ted Cruz (R-Tex.) noted when introducing the “Repeal CFPB Act” in February.
Back-to-school season is one of the busiest times for parents, which means less time to find the best deals and more savings passed up. To help parents with their shopping, WalletHub tracked offers from a dozen big retailers for the past year, identifying the biggest discounts through the end of September.
Listed below are WalletHub’s picks of 10 A+ deals, followed by the top offers in nice product categories such as “Apparel & Accessories” and “Computers & Phones.” You’ll also find each item’s sale price and discount percentage to show you exactly how much you stand to save.
Federal Reserve rate hikes can send stock markets into a tizzy and put many consumers to sleep. But just because the nitty-gritty of the country’s fiscal policy isn’t thrilling to most does not mean we’re indifferent.
For one thing, the Fed’s four rate hikes since Dec. 2015 will cost credit card users an extra $6 billion in interest this year alone. Plus, WalletHub conducted a nationally representative survey to gauge public sentiment. And while most people still have some homework to do, we’ve got no shortage of opinions.
American Express (a WalletHub partner) is a venerable brand, known for customer service and as a status symbol. So it’s understandable that you’d be interested in the company’s cards. But thinking you want an Amex is a far cry from knowing you’ve found the best card for your needs. Please note, American Express is a WalletHub partner.
The credit card is an American invention. But while we use credit to pay for plenty of Independence Day purchases, plastic isn’t so patriotic in the minds of many. Some believe credit card debt doesn’t fit with core U.S. ideals, such as freedom and independence. Others say Uncle Sam tracks our credit card spending, restricting civil liberties.
It’s not all gloom, doom and conspiracy theories, though. These days, we tend to trust credit card companies more than cornerstone institutions such as the federal government and media. And most people think access to credit should be a fundamental right.
Fireworks and freedom: That’s what America does on the Fourth of July to celebrate the nation’s birthday, which was established with the pen strokes of 56 founding fathers on the Declaration of Independence in 1776. Plus, we eat a whole lot of hotdogs: 150 million in total. We make a toast or two to good old Uncle Sam, shelling out more than $1.6 billion on July Fourth beer and wine. And we travel, with a record 44 million of us planning to venture 50+ miles from home this year.
While 2017 marks America’s 242nd birthday, there’s still a lot that we all can learn about Independence Day. To help fill you in and pump up your patriotism, we put together an awesome infographic filled with fun facts about this red, white and blue anniversary. We also polled a panel of leading American-studies experts for some added insight. You can check it out below.
Time off from work means more time to shop, which is why retailers roll out the red, white and blue carpet in honor of Independence Day, offering some of the biggest savings of the year. In order to help Americans celebrate their freedom from undue expense, WalletHub tracked offers from a dozen big retailers for the past year to help you easily find the best deals of the holiday and the rest of the month.
Listed below are WalletHub’s picks of the 10 most firecracking deals from the heap, followed by the top offers in eight product categories such as Furniture, Patio & BBQ and Electronics. You’ll also find each item’s sale price and discount percentage to show you exactly how much you stand to save.
May is American Stroke Month. It’s on the calendar every year, and for good reason. Stroke is the fifth leading cause of death in the U.S. The odds of any of us having one at some point in our lifetime are far too high. And the disease has already cost us way too much.
That’s why taxpayers, pharmaceutical companies and other vested parties have spent billions of dollars researching stroke in recent years. And it’s why the month of May is reserved for building awareness, not to mention soliciting a few donations here and there.
Memorial Day is more than just a day off from work or school, an excellent occasion for a backyard barbeque or a chance to travel. Sure, all of those celebratory staples speak to the holiday’s true spirit. But above all else, Memorial Day honors Americans who have died in service to their country. This holiday is not one of somber reflection, however. We instead choose to celebrate by enjoying the many freedoms that American servicemen and women have perished protecting.
That includes fundamental rights such as freedom of speech, trial by jury, and protection against cruel and unusual punishment. It also extends to relative trivialities such as the ability to save up to 90% with Memorial Day weekend sales or ride roaring Harleys through the nation’s capital. And yes, 75% of us do indeed barbeque each Memorial Day weekend, while 39.3 million take a trip. Memorial Day’s place on the calendar has positioned it as the unofficial start to summer for many, after all.
Some people travel on Memorial Day weekend. Others shop. If you’re one of the latter, WalletHub’s been tracking offers from a dozen big retailers for the past year to help you easily find the best deals of the holiday and the rest of the month.
Listed below are WalletHub’s picks of the 10 most exceptional deals from the heap, followed by the top offers in eight product categories such as Apparel and Electronics. You’ll also find each item’s sale price and discount percentage to show you exactly how much you stand to save.
Some call it the “most exciting two minutes in sports,” in reference to the speed of good, old-fashioned horse power and the millions of dollars that ride on the outcome. Others call it the “run for the roses,” given the giant floral garnish donned by the fastest pair in the winner’s circle. But you probably know this annual celebration of hats, horses and hooch as the Kentucky Derby, or the first leg of the Triple Crown.
This year marks the 143rd running of the Kentucky Derby, held each May at Louisville’s historic Churchill Downs Racetrack. Yet only 35 mounts have followed up a Derby victory with a win in the Triple Crown’s second leg, the Preakness Stakes. And a mere 12 have then sealed the deal in the Belmont Stakes. The chance to see history is nevertheless just one element of what makes the Kentucky Derby so special.