The Daily Money: Are you spending more on holiday travel?
Happy Friday the 13th, consumers!
This holiday season, travelers are spending more on their journeys, as reported by Felecia Wellington Radel.
An October survey by Zubie, a rental fleet management company, shows that around one-third of Americans plan to travel more this winter compared to 2023, and these travelers are also increasing their spending on trips.
How to become a 401(k) millionaire?
A record number of Americans now hold 401(k) accounts worth a million dollars or more, thanks to a booming stock market.
According to Fidelity Investments, a top provider of employer retirement plans, the number of 401(k) millionaires hit 544,000 in the third quarter of 2024, up from 497,000 just three months prior. This statistic reflects only Fidelity account holders.
If you’re curious about how to join this prestigious group, we have some helpful tips.
📰 A must-read 📰
We’re sharing standout stories from 2024. Here is one from Kathleen Wong!
Waikiki Beach, Hawaii’s most famous shoreline, is expected to change dramatically over the next 50 years.
Oahu, the most frequented Hawaiian island, has Waikiki as a key hub for many visitors, but changes are already visible. The beaches around Waikiki have diminished, with some areas even losing their beaches entirely. During high tide or with strong waves, water surges onto walkways, drenching pedestrians.
These challenges were less pronounced decades ago, and the situation is expected to worsen.
About The Daily Money
Every weekday, The Daily Money provides top consumer and financial news from YSL News, simplifying complicated topics, offering quick summaries, and detailing how various events, from Federal Reserve interest rate adjustments to bankruptcies, affect you.