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7 things to always buy in bulk (7 22 24)

7 things to always buy in bulk (7 22 24)

Anthony Hazzard
July 22, 2024

American young adults are living with their parents longer. Find out why later in this email.

💵 Today’s Top Stories

7 Best Items To Buy in Bulk

Team Clark asked and the Clark community answered. Here are your favorite items (and stores!) for buying in bulk. Read more.

Do You Get Better Prices on Hotels from Third-Party Sites or by Booking Directly?

You and I like finding a deal on a hotel as much as Clark. (OK, let’s be honest, almost as much.) Does that mean we should book through the hotel or through a travel site like Priceline? Read more.

3 Safer Ways To Send Money

Sending checks in the mail is outdated. But not all the newer methods are safe. Here are the Clark-approved ways to send money – and ones he never, ever wants you to touch. Read more.

Investing: Self-directed vs. Robo-Advisor vs. Financial Advisor

You’re already investing – or you know you need to. But which investing style is right for you? Should you handle it yourself? And if not, what’s the right solution for you? Read more.

📣 Today’s Top News

🏠️ Today’s Current Mortgage Rates

According to Freddie Mac, 30-year mortgage rates are 6.77% and 15-year rates are 6.05% as of July 18, 2024. The following chart shows the 30-year mortgage rate trend over the last year.

Refi Info | Mortgage Refi Calculator

🧑‍🤝‍🧑 American Young Adults Are Living With Parents Longer

Americans are nesting for longer – and finances seem to be a major reason.

Living with your parents extending into adulthood is common in many cultures. For example, in South America, at least traditionally, many children stayed at home until they got married.

It hasn’t been common in the United States in recent decades. But that’s changing.

Almost 40% of Americans ages 18 to 24, and more than 80% of Americans ages 25 to 34, lived with a spouse in 1968 according to U.S. Census Bureau data. That’s down to 6% and 39%, respectively.

Now, a whopping 71% of U.S. adults ages 18 to 24 live with their parents or other relatives. That percentage reaches 28% for the 25 to 34 age bracket.

The median homebuyer age also has risen from 39 to 49 in the last 20 years. So people are getting married and buying houses much later in life. And staying home longer as a consequence.

Also, “only 13% of entry-level applicants have found work so far this year, down from 20% two years ago,” according to Sherwood.

The unemployment rate is trickling up. Worse, job hunting is fraught with fake job postings. Almost 40% of hiring managers say they’ve posted fake jobs in the last year. And 85% of managers have interviewed candidates for roles they don’t plan to hire for.

It’s common to ascribe the adjective “lazy” to the newest generation of adults. But there are real-world factors pushing young adults to stay in the nest for (sometimes much) longer.

📊 Stat of the Day

📫️ 73 cents: The new cost of a stamp. The same stamp cost just 37 cents as of December 2005. Alas, inflation carries us forward! No longer pegged to inflation in a literal sense, though, the cost of a stamp has increased six times in three years – and first-class stamps have risen 10% faster than overall inflation.

💰️ Deal Alert: Today’s Top Deals

The best deals at Lowe’s Home Improvement!

Get this deal.

The best deals at The Home Depot!