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Personal Finance Daily: Teen spending report shows they love Apple, Nike and Lululemon — and they use Apple Pay over Venmo, and Disney’s latest Florida attraction: Affordable housing

Wednesday's top personal finance stories. Read More...

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Disney’s latest Florida attraction: Affordable housing

As Orlando rents skyrocket, Disney will hire a developer to build around 1,300 housing units on Walt Disney World’s property. Read More

Oil companies say they’re not gouging drivers, but Americans are bracing for higher gas prices, especially those who don’t have the luxury of working from home

At a hearing on Capitol Hill, oil companies insisted they cannot control market prices that are beholden to supply and demand. Read More

Teen spending report shows they love Apple, Nike and Lululemon — and they use Apple Pay over Venmo

Semi-annual teen spending report dives into Gen Z’s self-reported $66 billion in spending on favorite brands, shopping habits and more Read More

‘Cancel student debt. All of it.’ — Politicians react to Biden extending student loan payment through August

Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez are both advocating for canceling federal student loans. Read More

‘I already paid last week’: An estimated 70% of taxpayers could get free tax prep, but far fewer do. Here’s why.

The FTC and Intuit are fighting over TurboTax; the lawsuit shines a light on the state of free tax prep in America Read More

Used cars cost more than new ones? Here’s what’s going on, and where to find the bargains.

A ‘lightly used’ car is now $533, on average, more expensive than its new car counterpart, and for one model, buyers are paying up to 36% more for a used version. Read More

‘I feel incredibly guilty’: My sister is unemployed and my brother makes $40,000. Should I offer to match their 529 plan contributions for their kids?

‘My wife and I currently make $250,000 a year, which will climb north of $500,000 in the next few years.’ Read More

My wife and I need to sell our ‘starter home’ of 40 years because we can’t handle stairs. When is a good time to buy a new one?

‘We were told using an offer on a new home with a contingency regarding the sale of our current home would result in any offer being rejected.’ Read More

Tim Ranzetta is on a mission to bring personal finance classes to all high schools. Here’s the No. 1 lesson he says everyone should know

‘As an entrepreneur you are always looking for a gap between the way things should be and the way they are.’ Read More

Who is the richest person in the world? Jeff Bezos no longer has the top spot

The total wealth of billionaires fell to $12.7 trillion this year, down from a record $13.1 trillion in 2021. Read More

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