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Americans spent an average of $1,355 on their pets in the past year, and here’s how being a pet parent can pay off for the owner, too:
Source: Empower “Unleashed: America’s pet spending habits” study, 2024
Americans spent an average of $1,355 on their pets in the past year, and here’s how being a pet parent can pay off for the owner, too:
Source: Empower “Unleashed: America’s pet spending habits” study, 2024
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Buckle up: Nearly 60% of Americans keeping cars longer to save money
Play
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Empower research found that nearly a third of drivers say their car payment is one of their biggest expenses, and a look at the car scene can give a view into why.
One thing: It's going down
Money
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One thing moving market is consumers reaching a pricing limit. A third (27%) of people aren’t willing to pay more for many items from their shopping lists.
How behavioral finance impacts your money decisions
Life
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Behavioral finance is the study of how emotions and biases impact investors’ behaviors and decisions. Learn how your emotions and biases can impact your financial outcomes.