Tri-City Financial service Providers covering the Tri City Area and finance and investing news.: Articles Index page 4

The “electric vehicle (EV) boom” is upon us. Americans purchased nearly 300,000 EVs in the second quarter of this year, over 48% more than in 2022. To drive the trend even further, new data from Hankook Tire’s Gauge Index survey suggests that more than 1 in 3 drivers (34%) plan to own or lease a hybrid or EV in the future.But purchasing an EV is an entirely different ballgame compared to purchasing a traditional gas-powered or internal combustion engine (ICE) vehicle. The unique characteristics of…

While the definition of the “American Dream” is subjective, a new Chase survey of more than 2,500 Millennial and Gen Z adults shows that they believe freedom and homeownership are its most important pillars. The vast majority of respondents (78%) say that their goals are within reach, even as they recognize several factors making it more difficult today, such as housing affordability, inflation and the rising cost of living. The study’s findings also underscore the need for accessible financial education,…

The new year is just around the corner, bringing with it the tradition of New Year’s resolutions. Whether you’re looking to achieve major milestones in 2024, like buying a car, or just looking to improve your money habits, here are a few simple tips to follow to start making progress toward your financial resolutions now.1. Open a checking account One of the most important steps you can take toward reaching your financial goals is to open a checking account. Chase Secure BankingSM is a great account…

Employees make career decisions for a variety of reasons, but an increasingly popular factor that many consider is whether their work will be meaningful — especially among younger generations.According to Fidelity Investments, 86% of all workers say it's important to them to work for an employer with values that align with their own and half of all employees are considering changing employers in the next year — with many searching for more meaningful work.[1]As such, employers are realizing it's…

The holiday season brings a sense of excitement and togetherness, but preparing for lively gatherings or traveling can present distinctive safety challenges."Anyone preparing for guests should be mindful of how they organize their celebrations and understand the coverage provided by their insurance policies," said Bonnie Lee, Vice President of Property Claims for Mercury Insurance. "Homeowners need to identify and address any areas needing extra attention for a safe and inviting environment."To guarantee…

Did you know your age may affect your perception of how much life insurance you need? The annual Insurance Barometer Study conducted by LIMRA and Life Happens reveals insights about how life milestones impact people's attitudes about life insurance. This year's study included members of Generation Z for the first time, offering an interesting window into how four different generations approach life insurance.These are the ages each generation featured in the study represent:Gen Z: Born 1997-2012Millennials:…