Earlier today, New Bern Post had a story reporting that New Bern has among the lowest car insurance rates in the nation. It’s a good thing, because New Bern residents as a whole aren’t very good managing their money. A WalletHub study shows that New Bern is in the 20th percentile for money management. The lower the percentile score, the worst the money management. New Bern isn’t alone in poor money management in Eastern North Carolina. Greenville’s percentile is 22 percent. Kinston’s percentile ranking is 15 percent. Jacksonville’s percentile is 2 percent. Yes — 2 percent. Remember, low percentiles are bad and high percentiles areRead More →

With states opening up more but a full reopening only possible once most of the population has been vaccinated, the personal-finance website WalletHub on Tuesday released updated rankings for the States with the Fewest Coronavirus Restrictions. To identify which states have the fewest coronavirus restrictions, WalletHub compared the 50 states and the District of Columbia across 14 key metrics. Our data set ranges from whether restaurants are open to whether the state has required face masks in public and workplace temperature screenings. Source: WalletHub North Carolina numbers Coronavirus Restrictions in North Carolina (1=Fewest, 25=Avg.): 16th – Requirement to Wear a Face Mask in Public 18th – State GuidanceRead More →

New Bern residents as a whole are bogged down with car payments more than just about everyone — not only the 19th worst debt-to-income ratio in North Carolina, but among the worst in the nation. According to a WalletHub study, New Bern is in the 91st percentile when comparing its median auto loan debt to income ratio, which is 47 percent. Kinston and Jacksonville did even worse (see spreadsheet below). Morrisville, N.C., with a debt-to-income ratio of 18 percent, had a percentile of 9 and ranked first in the state. Due to the COVID-19 pandemic, U.S. auto sales had a very unfortunate year in 2020,Read More →

North Carolina ranks fairly well overall in WalletHub’s National Voter Representation Index, coming in at 16 out of 50 states in how well voters represent the overall population. With WalletHub’s National Voter Representation Index at 87 percent and very different demographic groups supporting Donald Trump and Joe Biden, the personal-finance website WalletHub released its report examining the States with the Best and the Worst Representation on Election Day. To identify those states, WalletHub’s analysts compared the distribution of the 50 states’ voters to the distribution of their electorates by key demographic characteristics, including age, race and gender. State representation Source: WalletHub Overall Best Overall RepresentationRead More →

North Carolina ranks 41st out of 50 states in the nation for uninsured rates, according to a study by WalletHub. Source: WalletHub With the national rate of people without health insurance on the rise in the midst of the COVID-19 pandemic, the personal-finance website WalletHub released its report on 2020’s Uninsured Rates by City. Having health insurance is vital to the well-being of your family and your wallet. It not only ensures that you have access to the care you need, but it also can significantly reduce your out-of-pocket medical expenses. Plus, with the COVID-19 pandemic continuing to rage across the U.S., 2020 is aRead More →

With every new headline about a mass shooting, terrorist attack, hate crime or natural disaster, many of us fear for our safety and that of our loved ones. In 2020, though, by far the biggest safety concern on Americans’ minds is the coronavirus pandemic, which has killed around 100,000 Americans and infected nearly 1.7 million as of late-May. To put that in perspective, last year 38,000 people died in car crashes and there were around 15,200 gun-related deaths (non-suicide). Though tragedy can strike in any state, especially during this pandemic, some states are more vulnerable to danger than others. June is National Safety Month. With the U.S. devastated by the coronavirusRead More →

With 2.1 million more unemployment claims filed this week despite all U.S. states starting to reopen, WalletHub released updated rankings for the States Hit Most by Unemployment Claims, and North Carolina ranked poorly, coming in at 9th. Since North Carolina is the 10 largest state by population, 9th would indicate it is doing slightly worse than it should for a state its size. To identify which states’ workforces have been hurt the most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims during the latest week for which we have data (May 18) and overall sinceRead More →

WalletHub | North Carolina has the 10th biggest increase in unemployment claims due to COVID-19 With nearly 39 million Americans now jobless as a result of the COVID-19 pandemic but many people actually making more money while unemployed, WalletHub released updated rankings for the States Hit Most by Unemployment Claims. To identify which states’ workforces have been hurt the most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. We used this data to rank the most impacted states in both the latest week for which we have data (May 11) and overall since the beginningRead More →

North Carolina has the ninth largest increase in unemployment due to COVID-19, according to a WalletHub study released Thursday morning. With more than half of the U.S. starting to reopen at least partially but almost 36.5 million Americans having lost their jobs during the pandemic, WalletHub released updated rankings for the States with the Biggest Increases in Unemployment Due to the Coronavirus, along with accompanying videos. To identify which states’ workforces have been hurt most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. This data was used to rank the most impacted states in both theRead More →

The U.S. unemployment rate is still on an upward trend, with roughly 30.3 million Americans now having lost their jobs since the start of the coronavirus pandemic, despite the fact that some states have already begun to selectively reopen businesses. WalletHub released updated rankings for the States with the Biggest Increases in Unemployment Due to the Coronavirus as a follow-up to our report on the Cities with the Biggest Growth in Unemployment Due to COVID-19, along with accompanying videos. To identify which states’ workforces have been hurt most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. We usedRead More →