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!
The U.S. is asserting control over Venezuelan oil after capturing President Maduro. Energy reporter Ben Geman of Axios breaks down what it means for markets and
Silver is back in the spotlight as supply constraints, surging industrial demand, and macro trends push prices high, possibly heading toward $100/ounce.
NANT Global Finance CEO Mark Elenowitz shares how blockchain is transforming capital markets with integrated brokerage, exchange, and transfer services.
