REMEMBER WHEN YOUR HOME was the place you went to relax after a long day at work? Now, that idea seems as quaint as June Cleaver’s habit of donning pearls and high heels to vacuum before Ward returned from the office. Since the COVID-19 pandemic has forced millions of people to hunker down, homes have become the place where we work, exercise, educate our children, enjoy (virtual) happy hour and catch a movie. And that trend is likely to linger long after the pandemic is under control, according to a forecast by Euromonitor International, a global market research firm.
Euromonitor International released its forecast of the most significant trends for 2020 at the beginning of the year but felt compelled to update it after COVID-19 upended the way we live and work. Some of the trends in the firm’s original forecast have accelerated, particularly the development of what Euromonitor calls the “multifunctional home.” While many young professionals were already moving away from traditional workplace culture, the pandemic forced millions of others to turn their homes into remote offices. The shift is expected to linger long after it’s safe to leave the house, says Alison Angus, head of lifestyles at Euromonitor.
Esta historia es de la edición July 2020 de Kiplinger's Personal Finance.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 2020 de Kiplinger's Personal Finance.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
FREE HELP FOR COLLEGEBOUND STUDENTS
This program’s mentors assist applicants as they fill out the FAFSA, write essays and more.
WHAT YOU SHOULD KNOW ABOUT SPOUSAL IRAS
You typically need earned income to contribute to an individual retirement account, but a spousal IRA provides an important exception to this rule.
SELLING SHARES? HERE'S HOW TO MINIMIZE TAXES ON YOUR GAINS
ET'S say you've been regularly buying shares in a booming tech company over the past few years, but now you want to start taking some of those profits, perhaps to rebalance your portfolio.
Strategies for Novice Investors
AS part of a lifes kills program for young, single mothers, I was asked to teach a class on how to get on top of your finances.
ANSWERS TO YOUR 529 PLAN QUESTIONS
Thanks to recent policy changes, families have more options for what to do with money sitting in these tax-advantaged accounts.
Rate-Cut Winners and Losers
NOW that the Federal Reserve has cracked the interest rate ice, the next development will be to separate winners from losers.
SHOULD YOU BUY THESE RED-HOT FUNDS?
Covered-call ETFs are popular but come with plenty of caveats.
DIVIDEND STOCKS ARE READY TO REBOUND
Our favorite dividend payers are poised to benefit as falling interest rates lure investors back.
IS A 55+ COMMUNITY RIGHT FOR YOU?
These age-restricted developments appeal to older adults seeking abundant amenities and an active lifestyle.
AT LONG LAST, RATES ARE DROPPING
Consider these portfolio moves now that the Federal Reserve has cut its benchmark interest rate.