On this episode of Your Cheddar hosts Kristen Scholer and Tim Stenovec break down some of the biggest stories in the world of personal finance.
Have you ever heard of the phrase "money can't buy happiness?" Well, that may not be true. According to a recent report by Purdue University, there is actually an optimal amount of money to be happy in life and it's $95,000 a year. The study also found that people who make $60,000-$75,000 a year are a little less happy, but have "emotional well-being."
Plus, U.S. households are carrying record levels of debt. According to the Federal Reserve, outstanding household debt rose by $193 billion to more than $13 trillion last year. Student loans are mostly driving that debt. However, the Reserve says Americans are mostly keeping up with their payments, which is always a good thing!
R.J. Hottovy, Head of Analytical Research at Placer.ai, unpacks the recent changes at Starbucks and if the brand refresh has helped the business. Watch!
Zelle General Manager, Denise Leonard, joins Cheddar to discuss how the company had record breaking 2024 with billions of dollars in transactions. Watch!
Verb Founder Rory Cutaia discusses how Market.Live will change how small businesses reach new audiences and talks the latest season of Go Fund Yourself. Watch!
