Sentences with phrase «lack of savings»

Typically run by private nonprofit or for - profit entities, these programs usually target the low - to middle - income first - time homebuyer who's dealing with credit problems, lack of savings, or inexperience with the homebuying process.

Sharing the top spot on the list are concerns about a lack of savings, equally divided between not enough savings for everyday emergencies (16 percent), and not enough money for retirement (16 percent).

This widespread lack of savings progress is consistent with responses to other survey questions:

Our analysis shows that the lack of savings by millennials, combined with the extreme shortage in affordable entry - level homes, means that a large share of millennials may be stuck renting for years.

A Zelman consumer survey shows most young adults believe a lack of savings for a downpayment is their biggest hurdle to obtaining a mortgage, but most of them think they need a much larger downpayment than is actually required.

(Many people of retirement age are simply forced to keep working due to a lack of savings, according to WalletHub.)

They are also worried about the lack of savings that may obstruct their child to realize their dreams.

That lack of savings inevitably leads to stress as we wonder how we're going to pay for retirement — oh, and a mortgage and college and every other expense we have.

But it's our lack of savings prowess that makes spare change investing a poor choice for your primary savings.

The conventional economic wisdom is that financial speculation, mostly in real estate combined with a decade of overspending and a lack of savings in general, led to a bubble in economic growth (e.g. GDP) that then popped resulting in a recession.

It should be lack of savings.

But I guarantee you, it doesn't have to do with expenses — it has to do with lack of savings.

Infographic: Lack of savings more worrisome than card debt — Although credit card debt is more stressful than either health care or living costs, what's most likely to keep you up at night is a lack of savings for the future... (See Money worries: No savings outstresses debt)

York University's Prof. Milevsky said the effects of being house poor go beyond rising debt levels and a lack of savings.

I asked if I could interview him about what led to his lack of savings, in hopes that he could convince younger people that you need to start saving now, and how even when life throws you curveballs, it's still important to find a way to try and save for retirement.

They go beyond simply treating the symptoms of money problems like debt and lack of savings, and focus on changing your behavior — the real cause of those issues — through a proven, step - by - step plan.

In some cases, our debt and lack of savings comes down to a lack of financial skills and a lack of clear financial goals, Scott Hannah told Global News.

That's particularly bad news for those already burdened with poor credit, because a lack of savings can mean that in tough times, people with poor credit are more prone to two problems:

Due to financial issues like debt, the lack of a savings account, and too many recurring bill payments, the majority of cash advance lenders» customers need quick cash in order to get through a difficult period of time.

This lack of savings could preempt a reliance on Social Security income during retirement.

Mindset issues are your biggest personal finance issue, not your debt or your lack of savings.

Thus, you will always have a lack of savings.

Millennials are often criticized for their lack of savings.

The main reason is a lack of savings.

We're still seeing the impact of that,» he said, adding people in the oil - rich province were «caught off guard, and because of a lack of savings, many people lost their homes, had to sell their assets and start over again.»

You also don't want to be stuck with a poor credit score from a lack of savings that might cause poor payment history.

It's not that I'd suggest trying to get a higher return elsewhere, my only concern is with your lack of savings.

Albany continues to be categorized as under significant fiscal stress in part due to its lack of savings.

Our analysis shows that the lack of savings by millennials, combined with the extreme shortage in affordable entry - level homes, means that a large share of millennials may be stuck renting for years.

If parents reallocate their savings from retirement to education, they are faced with the prospect of being unable to retire as planned due to a lack of savings.

Once you start growing your debt, in the case of the United States, when you consume more than you produce and you become a debtor nation and then all of a sudden you balance your trades out there is a lack of savings going on.

This lack of savings indicates that just getting started on retirement planning is a significant obstacle for many people.

In rich countries, there are often many productive projects that desperately await investment, but this failure to invest is driven by other factors, and usually not by a lack of savings, so a savings glut is unlikely to lead to higher productive investment.

To put it more explicitly, when investment is constrained by a lack of savings, the best way to generate growth is to increase investment by forcing up the domestic savings rate, in which case the world's growth engine is likely to be the country that exports capital to investment - hungry parts of the world.

But instead of feeling ashamed about your lack of savings, just start by saving something.

While much of this certainly can be attributed to a lack of savings discipline and planning, some is, no doubt, a result of the inequality of retirement savings vehicles provided to employees.

Not exact matches

It has been on an upward price track for years, in part because the Chinese — compelled by the lack of a social safety net to save rigorously for things like higher education and in case of illness — have few other investing vehicles with which to protect their savings from the ravages of inflation.

Overhead on these businesses is low, but any savings can be whittled away quickly by lack of business.

Although all franchises require an initial investment, those worried about lack of sufficient savings can still find franchises that don't necessarily require large upfront payments or high net worth.

With the shift from pensions to individual savings, gone are the days when many retirees could rely on a regular check when they retire — and as many as half of all workers lack access to employer - sponsored retirement accounts at all.

The key factors are debt, lack of a retirement plan at work, and low savings.»

Despite sobering statistics about most Americans» lack of retirement savings, many people have done an admirable job of socking away enough money.

Perhaps the most serious issue with foreign investment is that it effectively disguises a lack of domestic savings.

The main attraction of EverBank is high yields on savings products, and the lack of support facilities is understood by depositors.

Finally, the PBO expresses concerns over the lack of detailed costing information for new policy initiatives and a plan to secure the spending restraint savings announced in the 2010 Budget.

Industry trade groups like ICI have taken issue with the DOL's plan to boost workers» access to retirement plans through state - run programs, arguing that such plans will spur a «confusing, state - by - state patchwork of savings programs» that could lack strict federal controls.

Industry trade groups like the Investment Company Institute and the Securities Industry and Financial Markets Association have come out against state - run plans, arguing that they will spur a «confusing, state - by - state patchwork of savings programs» that could lack strict federal controls.

But there are other Canadians, because of lack of an employer pension plan, because they don't contribute to RRSPs or they don't contribute to tax - free savings accounts, aren't saving enough.

Some of those 55 and over who lack savings might not need them, Huddleston pointed out.

The biggest problem is a lack of retirement savings.