Minnesota Ranked Third Nationwide for Charitable Service

Minnesota is the third most charitable state in the U.S., according to a new report from WalletHub.

WalletHub divided 19 metrics into two categories in the report released this week. Minnesota ranked third for volunteering and service, and it ranked seventh for charitable giving. Overall, the North Star State falls behind Maryland and Utah.

Read More

Minneapolis Ranks as Best City Nationally for People with Disabilities

While Minneapolis tops WalletHub’s ranking for best cities for people with disabilities, St. Paul comes in 14th.

WalletHub released its “2022’s Best & Worst Cities for People with Disabilities” report on Tuesday. In the report, WalletHub assessed physical and economic challenges of managing a disability by analyzing 34 indicators of disability-friendliness in 182 cities that related to three equally weighted categories: economy, “quality of life” and health care. WalletHub selected the 150 most populated U.S. cities and at least two of the most populated cities in each state.

Read More

Minneapolis Ranks as Best City Nationally for People with Disabilities

While Minneapolis tops WalletHub’s ranking for best cities for people with disabilities, St. Paul comes in 14th.

WalletHub released its “2022’s Best & Worst Cities for People with Disabilities” report on Tuesday. In the report, WalletHub assessed physical and economic challenges of managing a disability by analyzing 34 indicators of disability-friendliness in 182 cities that related to three equally weighted categories: economy, “quality of life” and health care. WalletHub selected the 150 most populated U.S. cities and at least two of the most populated cities in each state.

Read More

Reports: As Inflation Rose in 2021, So Did Americans’ Credit Card Debt

As inflation rose last year to a 40-year high, Americans’ credit card debt also soared, according to analyses published by the personal-finance website WalletHub.

In its Credit Card Debt study, Wallethub found that consumers racked up $87.3 billion in new debt in 2021. During the fourth quarter of 2021, debt increased by $74.1 billion, the largest increase ever reported, Wallethub notes. It was also a 63% larger increase than the post-Great Recession average for a fourth quarter.

By the end of 2021, the average household credit card balance was $8,590. “That’s $2,642 below WalletHub’s projected breaking point,” the report states.

Read More