Attending college can be exciting but also scary, especially when you consider that most students aren't taught much about personal finance. Students’ fears are only intensified this year by the fact that the coronavirus pandemic may impact their ability to attend college – both in terms of social distancing and being able to afford tuition.
In order to learn more about college students’ preparedness and how the coronavirus pandemic has affected their school plans, WalletHub conducted a nationally representative survey. We asked about everything from whether students have missed any bill payments since the pandemic began to whether they would rather risk COVID-19 on campus or stay home. You can find the complete results in the infographic below.
The coronavirus pandemic may be disastrous for Americans’ credit for years to come. The unprecedented level of unemployment has left many people struggling to pay essential bills and charging more to their credit cards, which is concerning because total U.S. credit card debt already stood at over $1 trillion at the beginning of the year. As people’s credit utilization rises and they miss payments, it’s unsurprising that 87 million Americans are worried about their credit scores due to the coronavirus, according to a recent nationally representative WalletHub survey.
WalletHub surveyed 33 of the largest financial institutions to find out what they are doing for customers affected by COVID-19. We collected coronavirus assistance policies for a wide range of financial products, from credit cards and loans to deposit accounts and annuities.
Although very few definitive policies that apply to all customers are available, there seems to be one overriding theme: You have to ask for help because financial institutions will not seek you out or give blanket relief to all customers. Below, you can find the information that we could gather about the types of assistance offered by major banks and credit unions. Information is accurate as of May 5. Please note, financial institutions are changing their policies as the situation evolves, and we will continue to update this page as new information becomes available.
The coronavirus pandemic is changing the way the world shops, perhaps forever in some respects, so WalletHub conducted a nationally representative survey to see how Americans’ shopping habits have evolved during this time of crisis. One of the most surprising results of the survey was that 58 million Americans are actually spending more money while social distancing, despite being able to go out less, in large part because many people are participating in “comfort buying” – or shopping as a way to relieve stress and boredom.
Below are more highlights from the survey, which included questions ranging from what types of non-essential items people are purchasing most to whether they have concerns about the safety of packages or food delivery. You can also check out a Q&A with a panel of experts, followed by a complete description of our methodology.
Some Americans are shopping more during the pandemic: 58 million Americans are spending more money while social distancing.
Many people use shopping to ease stress: 43 percent of Americans have participated in "comfort buying" due to social isolation.
Deliveries cause anxiety: 57 percent of Americans are concerned about package safety while comfort buying.
People use entertainment and drinking to take the edge off: Americans are spending the most "non-essential" money on entertainment (29 percent) and alcohol (23 percent) right now.
Americans’ shopping behavior has shifted because of the COVID-19 pandemic. For more insight into the effects of coronavirus on spending, WalletHub turned to a panel of experts. Click on the experts below to see their bios and responses to the following key questions:
What advice do you have for the roughly 58 million Americans who say they are spending more money while social distancing?
What should people watch out for when it comes to "comfort buying" while socially isolated?
Should people be concerned about the safety of packages delivered during the pandemic?
Does it surprise you that the non-essentials people are spending the most money on right now are entertainment (29%) and alcohol (23%)?
Coronavirus has completely changed the nature of everyday life in the U.S., with social distancing forcing people to stay in except for essential work and necessary purchases like groceries and pharmaceuticals. Americans have had to deal with these changes in many ways, from altering their day-to-day habits to wearing protective clothing when they do venture out. People have also had to manage the stress and anxiety that comes with staying isolated. It turns out that the number one way Americans cope with social distancing is by shopping online, with the next most common methods being cleaning and learning something new, according to a recent nationally representative WalletHub survey.
WalletHub’s survey, which follows our report on the States Where Social Distancing is Most Difficult, asked a range of questions, from how social distancing makes Americans feel to what protective clothing they wear and how often they go outside. Below are more highlights from WalletHub’s survey, along with additional insight from a panel of experts and a complete description of our methodology.
Online shopping is a popular stress reliever: 36 million Americans use online shopping as their number one way to cope with social distancing.
Nearly half the population still ventures outside: 48 percent of Americans go outside at least once a day while self-quarantining.
Women worry more: Women are 40 percent more likely to feel anxious than men due to social distancing.
People want to see family most: 34 percent of Americans are most looking forward to seeing family once this is over, more than the amount that are most excited to see friends or go out to eat.
Most Americans use masks: 60 percent of Americans are now wearing face masks due to the coronavirus.
Social distancing provides an opportunity to build skills: Almost 29 million Americans are using the social distancing time to learn something new.
Social distancing is stressful, but Americans are coping in a variety of ways. For more insight into the lifestyle Americans need to follow until the crisis is over, WalletHub turned to a panel of experts. Click on the experts below to see their bios and responses to the following key questions:
What does it tell you that 36 million Americans' #1 way to cope with social distancing is online shopping?
Why do you think women are 40% more likely to feel anxious than men due to social distancing?
Is it enough that 60% of people say they are now wearing face masks due to the coronavirus?
How important is it to go outside at least once per day while self-quarantining (48% of Americans say they do that)?
What advice do you have for the almost 29 million Americans who are using social distancing as a time to learn something new?
The coronavirus pandemic has been one of the most disastrous events for the economy ever, already wiping out over 22 million jobs. In response to these record levels of unemployment, the government has issued an unprecedented stimulus package: $2.2 trillion. But despite getting the biggest stimulus ever, Americans are still left questioning whether the government has done enough. It comes as no surprise that 84 percent of Americans want another wave of stimulus checks, according to a recent nationally representative WalletHub survey.
WalletHub’s survey aimed to determine how Americans feel about government aid during the coronavirus crisis, particularly the stimulus package. The survey asked a range of questions on topics including who should get stimulus money, how smoothly the stimulus rollout has gone and whether the actions the government has taken are good enough. Below are additional highlights from WalletHub’s survey, along with a complete description of our methodology.
Many people are at risk of going broke: Nearly 160 million Americans are less than three months away from running out of money.
Stimulus checks feed vices: Almost 24 million Americans will buy drugs, alcohol or tobacco with their stimulus money.
Americans want unemployment insurance to match wages: Around 56 percent of Americans don't think people's unemployment income should be more than their previous income.
People are generous during the pandemic: A third of Americans say they will donate part of their stimulus money to coronavirus relief.
The young want checks based on financial impact: Millennials are 25 percent more likely than baby boomers to think that stimulus checks should only be given to people experiencing income loss.
Americans think non-impacted businesses shouldn’t get aid: 70 percent of Americans believe that government help should only be given to businesses with a revenue loss.
On a normal Easter Sunday, millions of Americans participate in group activities like going to church services, having large family dinners or hunting for Easter eggs. However, with more than 50 percent of U.S. states in some form of lockdown due to the COVID-19 pandemic and the government encouraging all Americans to practice social distancing, this is not a normal Easter. The economy will certainly feel the effects, too, considering that 68 percent of Americans who observe Easter say coronavirus will affect their Easter spending this year, according to a nationally representative survey conducted by WalletHub.
WalletHub’s survey aimed to find out how Americans’ Easter plans have changed from last year, as well as to gauge people’s attitudes on the crisis in the context of the Easter season and religion. Below are additional highlights from WalletHub’s survey, along with additional insight from a panel of experts and a complete description of our methodology.
Worshippers don’t want to stay home: 56% of Americans who went to church on Easter Sunday last year say they will go to church for Easter this year, if it is open.
Republicans are more likely to attend services: Republicans are almost three times more likely than Democrats to attend church on Easter this year, if it is open.
Pandemics make us appreciate family and health more: The coronavirus has made Americans most grateful for their family (40%), followed by health (30%) and then freedom (13%).
Traditional Easter spending is down: Almost half of Easter-celebrating Americans are skipping out on candy, new outfits and Easter foods this year, in contrast with prior years.
COVID-19 itself is scarier than financial troubles: 68% of Americans are more worried about the coronavirus than the U.S. economy.
Many Americans think lockdowns should last: About half of Americans believe that non-essential business, restaurants and travel should not restart for at least 3 months.
Easter is one of the biggest holidays of the year, but it will be drastically different than usual due to the coronavirus pandemic. In order to provide further guidance to those who celebrate Easter, WalletHub turned to a panel of experts. Click on the experts below to view their bios and responses to the following key questions:
Does it surprise you that 56% of Americans who went to church last year say they will not go to church for Easter this year, even if it’s open?
Why do you think Republicans are almost three times as likely as Democrats to say they will attend church on Easter this year if it is open?
How big of an impact do you think COVID-19 will have on church finances?
Should state and local governments allow church services on Easter Sunday?
COVID-19, or the coronavirus, has had an enormous negative impact on the U.S. economy. The stock market is hurting, down about 24 percent from the beginning of 2020. In addition, in many places throughout the U.S., non-essential businesses are shut down or forced to work from home. These are some of the major reasons why, 87% of small business owners are struggling due to the coronavirus, according to a nationally representative survey conducted by WalletHub. The survey took a look at how the pandemic has affected business owners’ livelihoods and opinions on various topics.
Help for business owners is on the horizon. Congress recently passed, and President Trump has now signed, a $2 trillion bipartisan stimulus bill to help both businesses and individuals recover from the damage caused by the pandemic. This package will include $500 billion in loans for struggling businesses.
While business owners wait to receive loans, though, they are struggling. Below are additional highlights from WalletHub’s survey, along with a complete description of our methodology.
Owners worry about failure: 35% of small business owners say their business can only survive for less than three months in current conditions.
Health comes before money: 79% of small business owners think that minimizing COVID-19 deaths is more important than re-opening the economy.
Business owners don’t want more restrictions: 60% of small business owners think restrictions placed in response to COVID-19 should stay the same or be relaxed.
Many business owners feel neglected: 68% of small business owners think that the government is not doing enough to help small business right now.
The coronavirus, or COVID-19, is one of the biggest news topics of 2020, overshadowing even the upcoming presidential election. There have been over 4,200 cases of the virus in the U.S., which includes people in 49 states and D.C. In response, President Donald Trump has signed a $8.3 billion spending package to fight the spread of the virus, and has issued a 30-day travel ban on people coming from many European countries.
Despite the government’s best efforts, however, coronavirus has taken a toll on the economy. The stock market has taken a huge hit. In addition, 67 million Americans think they will have trouble paying their credit card bills, according to a nationally representative survey conducted by WalletHub. The survey gauged how coronavirus has affected Americans’ lives and spending habits.
Below are some more highlights from WalletHub’s survey.
Coronavirus is a huge source of stress. Coronavirus is now the top stressor in America, above money problems or the 2020 election.
Many Americans have decided to start saving. 158 million Americans are saving more money during coronavirus, rather than spending more.
Women and men’s spending has changed differently. The top category females have spent less on due to coronavirus is travel. For males, it's entertainment events, such as concerts, sports and movies.
Travel has greatly declined. 94 million Americans have cancelled or plan on canceling travel plans due to the coronavirus.
Touching cash is scary. More than 6 in 10 people believe it is possible to contract the coronavirus from money.
There are many different tools out there designed to help you manage your money better. But no one has time to try them all, so we’ve put together a comprehensive comparison based on the 13 key factors that we believe are most important to your wallet.
We tried to remain as impartial as possible in the process, but it’s hard to escape certain facts which point to WalletHub being a superior service. Anyway, we’ll let you make up your own mind below.
Picking A Winner: Competition is a good thing, and we’re glad that consumers have so many great options when it comes to checking their credit scores and learning more about personal finance. We’re obviously partial to WalletHub, but we believe that to be a determination justifiably reached. WalletHub is the first and only website to offer daily updates for its free credit scores, and it’s unique among its competitors in that it works hard to make recommendations that truly have your wallet’s best interests at heart.
With that being said, personal preference will ultimately play a major role in your choice between these service providers, so read some reviews, give the most promising ones a try and see what you like. And don’t forget to share your thoughts in the community discussion section below.
Coming down with March Madness before the Big Dance may sound like an excuse to skip prom, but it actually describes our nationwide obsession with the NCAA Men’s Basketball Tournament. This 68-team basketball bonanza has been known to crown a Cinderella or two, produce at least one shining moment a year, and turn millions of Americans into illegal gamblers. It’s that good.
It’s also a big business both on and off the court, making millionaires out of coaches, conference commissioners and NCAA executives but very few players. Tournament time takes a toll on fans’ wallets, too, and not just in terms of the millions we lose in bracket pools each year. The average single-game ticket costs about $258, for one thing. Around 19 percent more beer is sold to keep up with cheering fans. And there’s the potential for some workplace conflict, since distracted employees cost businesses about $13.3 billion per year.
In other words, there’s a lot more to this tournament than basketball. And since money plays at least as much of a role as love of the game, WalletHub analyzed March Madness from tip to title with a special emphasis on finance. You can check out all the interesting NCAA tournament stats and facts that we found in the infographic below. We also hosted a Q&A with a panel of sports business experts on topics ranging from college basketball’s economics to which team will cut down the nets in Atlanta. Enjoy the show!
**Note: These numbers will be affected due to NCAA's decision to only allow essential staff and limited family attendance to attend the Division I men’s and women’s basketball tournaments.
$9.3 Million: Salary for college basketball’s highest paid coach, Kentucky’s John Calipari (vs. $1.6M combined for University of Kentucky’s president and the state’s governor).
$13.3 Billion: Corporate losses due to unproductive workers during March Madness.
$8.5 Billion: Amount wagered on the 2019 NCAA men’s basketball tournament ($3.9 billion illegally).
46.5X: Difference between the average NBA rookie’s salary ($3.2M) and a D1 men’s athlete basketball scholarship for a year ($70K).
$106 Million: The 2020 Final Four’s projected economic impact on host city Atlanta, with over 113,000 fans expected to visit Atlanta for the event.
$334.2 Million: Estimated value of the University of Kentucky basketball program, highest among all schools.
$167.6 Million: NCAA’s basketball fund’s 2020 distribution to D1 schools.
$0: Amount of money the NCAA pays the players participating in the tournament.
19.6 Million: People watched the 2019 title game between Virginia and Texas Tech (up 23% from 2018).
23%: Increase in chicken wings orders during the tournament, with 2.3 billion wing portions consumed by fans during the tournament (14 wing portions per viewer).
Ask the Experts: March Madness Musings
March Madness is one of the most entertaining guessing games on the calendar, but we wanted to add some more-educated insights to the prognostication mix. So we posed the following questions to a panel of sports business experts. You can check out their bios and responses below.
Who are your Final Four picks?
How do you characterize the NCAA tournament’s economic impact on its host cities?
What’s the difference between early-round games and the Final Four?
Where do you stand on the issue of paying college athletes?
What are the biggest issues facing the NCAA today?
Should daily fantasy sports be considered gambling?
Whether you see it as a civic duty, a necessary evil or cause for a few choice expletives, it’s no surprise that most of us dislike tax time. From the expense and hassle of the process to questions of fairness and fears of basic math, there are many reasons for our April angst.
But just how much do we dislike taxes and tax collectors? And what would we do to get out of paying?
In search of answers to those questions and more, WalletHub conducted a nationally representative survey of over 900 taxpayers.
Here's what we learned:
222 million Americans think the government does not spend taxes wisely.
30% of people say making a math mistake as well as not having enough money are their biggest Tax Day fears, edging out identity theft (21%) at the top of the list.
37% of people would move to a different country for a tax-free future. 26% would get an “IRS” tattoo and 19% would stop talking for 6 months.
34% of people think charities would make the best use of their tax dollars, outnumbering by nearly 2.5 times people that trust the federal government the most with their taxes.
Once the results of our survey were in, we asked a panel of experts in the fields of public taxes and tax reform to interpret our findings. Click on the panelists’ profiles below to read their bios and thoughts on the following key questions:
WalletHub’s survey found that nearly 9 in 10 voting-age Americans do not believe the government is currently spending their tax dollars wisely. What do you think are the main reasons for that?
Nearly 2.5 times more people think charities would spend their tax dollars more wisely than the federal government - are they right?
What is the significance of roughly 37% of people saying they would move to a different country for a tax-free future?
Why do you think making a math mistake is on par with not having enough money atop the list of people's Tax Day fears?
What do you think it says about Americans that 50% of people would rather do jury duty than their taxes?
Credit cards offer plenty of perks, from rewards on every purchase to 0% APRs. But credit cards can also get us into trouble if we aren’t careful. Reducing debt and adopting sustainable spending habits are particularly important, so WalletHub decided to see how consumers are approaching those tasks.
We performed a nationally representative survey online. You can find the complete results in the infographic below, along with some key takeaways from WalletHub’s latest Credit Card Debt Study.
95 million Americans admit they'd go into debt for frivolous purchases.
Young people are 27% more likely to go into credit card debt for frivolous purchases than people over the age of 59.
Nearly 9 in 10 Americans say their personal finances are currently run better than the federal government.
2X more Democrats than Republicans think another recession will happen within one year.
Women are 48% less likely than men to be embarrassed by people seeing how much credit card debt they have.
More than one-third of people (37%) say they would do anything to get out of credit card debt.
Millennials are more than 3X more likely than baby boomers to agree to house arrest for a year in exchange for credit card debt freedom. They’re also 43% more likely to leave the country.
St. Patrick’s Day has the potential to be quite expensive, with lots of corn beef, cabbage, Guinness and green clothing on Americans’ shopping lists. But the costs associated with celebrating Ireland’s primary patron saint don’t end there, especially for those who act immaturely.
Despite its religious undertones, St. Patrick’s Day often results in some light bruising for folks whose dress doesn’t express the Emerald Isle’s characteristic hue. It also ranks among the year’s most popular drinking occasions. And the good times are too often ruined by drunk driving, which can have a devastating impact on lives in general and wallets in particular.
As a result, it’s important to don green and drop your keys if you want to avoid if you getting pinched come March 17. The cost of an Uber or Lyft ride pales in comparison to that of a DUI, after all.
To help people appreciate the significance of this holiday even more, both to our wallets and overall, we researched the occasion from all angles and put together the following infographic filled with St. Patrick’s Day facts – some fun, some sobering. You can also learn more about the financial impact of St. Patrick’s Day from the Ask the Experts Q&A below the infographic. Enjoy (responsibly)!
It costs an average of $358 million to run for president of the United States, according to WalletHub’s analysis of financial disclosures and campaign spending data from candidates in 2016 and 2020. Winning is even more expensive, too. Former president Obama’s campaign and his affiliates invested $1.14 billion in his 2012 reelection, for example. President Trump and his affiliates spent approximately $439 million en route to victory in 2016. And candidates for the Democratic nomination in 2020 shelled out more than $726 million so far.
It’s actually fair to wonder where money isn’t an issue in the 2020 race, or politics in general. Who wants to be president of the United States has turned into a game of who’s not a millionaire, who’s taking money from billionaires, which billionaire can buy love at the ballot box, and how many trillions of dollars in policy promises it takes to spark a movement. Ties to credit cards, investment banking, and the Consumer Financial Protection Bureau have even made cameos thus far.
With that in mind, WalletHub analyzed each of the 7 leading candidates’ financial disclosure forms to get a sense for how they’ve managed their finances in the past and perhaps how they’ll manage the country in the future. Enjoy the show, and vote wisely!
For more insights into the personal finances of presidential candidates, we posed the following questions to a panel of experts. You can see who they are and how they responded below. Hopefully, this information will help voters feel even more confident in their decisions come October.
How much of an impact does a presidential candidate’s past financial success, or lack thereof, have on his or her candidacy? How much of an impact should it have?
All else being equal, who would make the better president: someone rich or someone poor?
Should presidential candidates release their tax returns and medial records? What about their credit score?
Should voters trust a presidential candidate who is in debt?
Money is the country’s top stressor, according to the American Psychological Association, which ultimately indicates that our financial circumstances influence our perceptions and general state of mind. That’s true for everyone, including politicians. So, much like it’s wise to make sure that you and your chosen candidate stand eye to eye on important policy issues, it also makes sense to consider the extent to which his or her financial profile jives with your monetary values.
With that in mind, we compared the following candidates based on a few important metrics, such as total cash savings and total amounts owed, and noted a number of revealing insights into each candidate’s financial background that could influence your opinion and ultimately your vote. Just click on a candidate’s picture to learn more.
Michael Bloomberg is missing from our list because he requested and received a second extension for filing a personal financial disclosure report. The extension means Bloomberg won’t have to provide the details about his assets and income until after Super Tuesday on March 3rd. All data pertaining to individual candidates were sent to those candidates for verification. Unfortunately, only Amy Klobuchar's campaign responded.
Americans are known for being big spenders…sometimes, too big. With an average household credit card balance of more than $8,700, many people now cannot keep up with the payments on their debt. In a nationally representative survey conducted by WalletHub, over 18 percent of respondents said they believe they will miss at least one credit card due date in 2020. That works out to about 46 million Americans.
Missing a credit card payment can start a chain reaction of negative events. First off, there are late fees of up to $29 for a first offence and $40 for another within six months. In addition, cardholders not already carrying a balance between months will lose their grace period, and interest will start accruing immediately on both new purchases and the unpaid balance. There might also be a high penalty APR on new purchases, depending on the issuer, and this rate can be applied to all balances after the cardholder is 60-days past-due on payment. Lastly, if the credit card issuer reports a late payment to the credit bureaus after it’s 30 days late, it will cause damage to the cardholder’s credit score. This can lead to higher costs and fewer borrowing opportunities in the future.
Missing a credit card payment is dangerous, but its negative effects can sometimes be quickly countered. WalletHub’s survey found that nearly 9 of 10 people who tried to get a late fee waived in the past were successful.
Below are some more of highlights of WalletHub’s survey, along with additional insight from a panel of experts.
Credit card issuers are forgiving…if you ask nicely. Nearly 9 in 10 people who have tried to get a credit card late fee waived were successful. Women are 18 percent more likely to have tried to get a fee waived than men but are also 2 percent less likely to have been successful.
Payment priorities change with age. People aged 18 to 44 are most worried about missing credit card payments. The 45-59 demographic is most concerned about their mortgage, while those over 59 put tax payments as their biggest worry.
Luxury can lead to lapses. People with high income are almost twice as likely to miss a payment due to forgetfulness as people with low income.
Men and women react differently to fees. When asked about their attitudes toward getting a late fee, women are 39% more likely than men to feel “punished.” Men are twice as likely to feel “indifferent.”
People miss due dates for bills sometimes, whether due to forgetfulness, lack of funds or some other reason. It may seem like a simple fact of life, but there’s often a lot more to the story, including far-reaching implications for all of our wallets. To gain further insight on missed payments and the late fees that can come with them, we posed the following questions to a panel of experts. Click on the experts’ profiles to read their bios and responses.
WalletHub’s survey found that over 18 percent of adults say they will miss at least one credit card due date in 2020; what does that tell you, and would you expect the figure to be higher or lower?
Do you have any tips for people who are worried about potentially missing credit card due dates?
Does it surprise you that nearly 9 in 10 people who have tried to get a credit card late fee waived have been successful at least once?
Why do you think 2.4 times more people are worried about missing a credit card payment than an electricity payment this winter?
Why do you think people who earn at least $100,000 per year are nearly twice as likely to miss a payment due to forgetfulness than people who make less than $25,000 per year?
WalletHub conducted this nationally representative survey with over 700 respondents from 1/6/20 to 1/10/20. We weighted the statistical results to correct for demographic discrepancies. The margin of error for the total respondents is plus or minus 4.00 percent at a confidence level of 95%.
Full Details Overall
Why would you most likely miss a credit card payment?
Don't have enough money
No late fees
Do you think you will miss at least 1 credit card due date in 2020?
What do you worry about missing the most?
Credit card payment
Auto loan payment
How would being charged a late fee on your credit card make you feel?
Have you ever tried to get a credit card late fee waived?
Were you successful?
Do you consider late fees when choosing a credit card?
Note: Percentages may not total 100% due to rounding.
For many people, Mardi Gras is all about the three B’s: beads, booze and the Big Easy. But this multi-week carnival, which runs from Epiphany through Fat Tuesday every year, isn’t confined to New Orleans or the tawdry pursuits of partygoers.
Mardi Gras actually has a Christian foundation, dating back to 17th century Europe, as a time for festivities before the fasting and sacrifice of Lent. It was first celebrated in the United States in what is now Mobile, Ala. And it has become an economic force, generating more than $1 billion for the New Orleans and Mobile areas each year.
With that in mind, WalletHub analyzed the event from top to bottom to help all the partiers out there understand what they’re toasting to and how even the raunchiest bashes can pack a big-time financial punch. You can check out all of the Mardi Gras facts we found in the infographic below, followed by a Q&A with a panel of experts. Enjoy and be safe out there!
Over $1 Billion: The economic impact of Mardi Gras on New Orleans.
$408.6 Million: The economic impact of Mardi Gras on Alabama’s Mobile.
Over 25 Million Pounds: Weight of beads thrown during Mardi Gras in New Orleans each year.
266,000 Pounds: Weight of beads recycled after Mardi Gras in 2019 (2 times more than in 2018).
164,000: Number of people who flew to New Orleans for Mardi Gras in 2018, the most since 2010.
Ask the Experts
For a closer look at all Mardi Gras has to offer and how it can get even better in the future, we posed the following questions to a panel of leading experts in the fields of personal finance, government and environmental studies. You can check out their bios and responses below.
What tips do you have for a person that wishes to enjoy Mardi Gras on a budget?
How can local authorities in New Orleans and elsewhere promote safety and reduce alcohol related accidents during Mardi Gras?
How can we reduce the environmental impact of Mardi Gras, particularly with regard to the plastic beads handed out during the celebration?
Lovesick shoppers shell out more than $27.4 billion in Cupid’s name each year. That makes Valentine’s Day the second-priciest holiday on the calendar for U.S. consumers. But love might not be the only motivator. Roughly 31% of people expect their Valentine to spend at least $50 on a gift, according to WalletHub’s 2020 Valentine’s Day Survey. More than 4 in 10 people would also break up with their significant other if he or she spent irresponsibly. So fear is a factor, too.
Whether you love or loath his holiday, there’s no denying St. Valentine’s impact on our wallets. With that in mind, WalletHub examined V-Day from all angles to help people embrace their loving feelings without hurting their finances. At the very least, seeing what people do (or don’t do) in the name of love should make the day a bit more enjoyable.
The infographic below is filled with interesting facts about Valentine’s Day, with stats covering everything from holiday gift giving to the ways in which money problems can affect romantic relationships. You can also check out the Valentine’s Day Q&A that follows to see what our panel of experts have to say about the holiday’s financial foundation.
Whether you love it or loath it, there’s no denying that Valentine’s Day is a big deal. We spend billions of dollars on the occasion each year. And there’s a lot riding on what we do (or don’t do) in Cupid’s name on February 14, to the extent that it could affect whether some people wind up filing joint or individual tax returns come April.
To learn more about exactly how consumers are approaching Valentine’s Day 2020, WalletHub conducted a nationally representative online survey. We asked about everything from what people plan to buy and how much they plan to spend to financial turnoffs and how money problems affect relationships. You can check out the complete results in the infographic below.
To help you get psyched for Hollywood’s biggest night, WalletHub did our homework on everything from box office sales and Rotten Tomatoes ratings for the Best Picture nominees to the price of awards-season lobbying. You can find all of these awesome Oscars fun facts in the infographic below. That’s followed by a Q&A on the state of the film industry with a panel of entertainment experts. Enjoy the show!
Finally, we’ll leave you with a little story inspired by the events of recent years and the 2020 Best Picture nominees.
Once upon a time in Hollywood, maybe even as far back as 1917, a series of jokers played parasite on a lot more than a little number of women, leaving a flood of professional and personal distress in their wake, even souring some marriage stories along the way. But suits by Tom Ford and Ferrari keys jingling have been replaced by handcuffs and orange jumpsuits for at least some of those old Oscars, Dicks and Harrys. Whether you’re an Irishman or any other ethnicity, the old way of abusing power in the movie business is hopefully gone for good. So hit the KC and JoJo because ideas are like rabbits, and it’s time for the new ways of doing things to reproduce.
Top 5 Oscars Facts for 2020:
$44M: Total cost of Oscars ceremony.
$10M: Cost of the look for an A-list actress attending the Oscars.
$2.6M+: Cost of a 30-second commercial during the Oscars telecast (54% less than the Super Bowl).
$24.7K: Cost of the 16,500-square-foot Oscars red carpet.
3rd time: The Oscar telecast will not have a host.
Ask the Experts: Taking Oscar’s Pulse
For a closer look at a variety of issues related to the Academy Awards, from demographics to dollars and cents, we posed the following questions to a panel of leading business and entertainment experts. You can check out their bios and responses below.
What would the lack of diversity on the main categories have on the awards? Will they be considered less relevant for the general public as time goes by?
Do you believe the current system of nominating films is a fair and transparent one? How can this process be improved?
Who is going to win the award for Best Actor? Actress? Director? Motion Picture?