Here is how you can avoid a tax refund shock next year

Next year’s tax refund shouldn’t be a shock to Americans if they take stock of their income taxes mid-year, according to Jackson Hewitt.

These are the most affordable states to buy a home

A new report reveals the top most affordable states in the U.S. But some states on the East Coast have particularly high home prices. Here’s what you need to know.

Back-to-school shopping expenses to reach record high: survey

Back-to-school spending in 2023 could reach a record high of more than $40 billion, largely due to demand in electronics, a survey reported. At the same time, Americans continue dealing with high inflation.

Saving with back-to-school thrifting
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The cost of buying your kids back-to-school clothes can add up fast. The National Retail Federation says families will spend an average of $425 per child this year. One way to knock that down is through thrifting. FOX 26 Consumer Reporter Heather Sullivan has tips on how to pull thrifted looks together.

Student loan repayments will be starting again soon: Here's how to get it done

Student loan repayments begin again soon. Here are tips on how to get it done using organizational skills, spending strategies and payback implementation, according to money pros.

More than half of Americans live paycheck to paycheck, survey says

Gen Z consumers who were living paycheck to paycheck cited nonessential spending as a reason behind their financial hardships.

Mortgage rates take a dip ahead of Labor Day weekend: Freddie Mac

Mortgage rates declined this week, but remain elevated, Freddie Mac reported. But the direction of mortgage rates remains uncertain ahead of the Fed’s next meeting, where the central bank could raise interest rates again.

How does student loan interest work?
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September 1 marks the first significant step toward resuming student loan payments as interest rates begin to accrue with the first payments due in October. University of Houston Downtown professor Dietrich Von Biedenfeld helps us crunch the numbers and explains how student loan interest works.

More Americans living paycheck to paycheck
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Struggling to make ends meet? You're not alone. New research shows more Americans are living paycheck to paycheck and its not just those living off low wages. Danny Ratliff, Financial Advisor with RIA Advisors, joined FOX 26 with the research and how to start saving.

Interest rates return for student loans
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Interest rates are back for federal student loans as the government's moratorium on student loans ends on Sept. 1.

President Biden to address job market
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The United States job market may be starting to slow down and that could influence the Central Bank's decision on whether to kick up interest rates again later this month. Doug Luzader has more from Washington where President Biden is due to address the new report later on Friday.

GDP growth for Q2 dips on second estimate

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

Latest consumer headlines: Amazon's shipping update, Ford truck recall, and Burger King's whopper lawsuit
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Amazon's changing its free shipping rules for non-Prime users, requiring a $35 minimum order, while Ford recalls 42k trucks for potential axle issues, and Burger King faces a lawsuit over allegedly misleading Whopper sizes.

Americans consider using credit cards to afford student loan payments: survey

Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.