Venessa Wong
venessawong.bsky.social
Venessa Wong
@venessawong.bsky.social
I'm a reporter for MarketWatch in New York City. Email venessa.wong@marketwatch.com
New on MarketWatch: Americans say they now need a net worth of $839,000 to be “financially comfortable” and $2.3mn to be “wealthy.” It’s a lot more than the typical American has but these targets aren’t off base in today's economy as many costs outpace wage growth www.marketwatch.com/story/millen...
Millennials say they need $847K to be ‘comfortable.’ Here’s what people say at every age.
Here’s how much you need to have saved, according to your age, to achieve financial comfort.
www.marketwatch.com
July 9, 2025 at 5:48 PM
Looking for perspectives for a
@MarketWatch
story: How much are have you been able to save for your child's college education? What's your strategy been? Please email me at venessa.wong@marketwatch.com if you'd like to chat!
June 2, 2025 at 6:00 PM
Hello! I would like to interview families that are currently raising 4 or more children for a @marketwatch.com story. I am happy to explain more if you have any questions! Please email me venessa.wong@marketwatch.com
April 30, 2025 at 4:07 PM
New on @marketwatch.com from me and Andrew Keshner: There's a lot of uncertainty now about how Trump's tariffs will impact prices. Financial experts say: make purchases now if you’ve already budgeted for them, stick to what you can afford, and DON’T panic shop
www.marketwatch.com/story/buy-no...
Buy now? From cars to groceries, here’s your money playbook for Trump’s trade war.
Make purchases now if you’ve already budgeted for them, stick to what you can afford, and don’t panic shop, financial experts say
www.marketwatch.com
February 3, 2025 at 11:10 PM
After the Fed began cutting rates in September, many consumers hoped the cost of borrowing money would also fall. Instead, the opposite has happened. “You’re earning less on your cash and you’re paying more on your borrowing. … It’s just been a double whammy.” www.marketwatch.com/story/what-f...
What rate cut? Most Americans say they haven’t felt the impact of Fed policies.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.
www.marketwatch.com
January 30, 2025 at 4:25 PM
New from me: 7 Qs in an OMB doc suggests federally funded programs related to supporting undoc migrants, frgn asst, the U.S. Intntl Climate Finance Plan, DEIA, “gender ideology” and abortion are under scrutiny, along with those limiting use of domestic energy. www.marketwatch.com/story/from-d...
These 7 questions hint at what federal funds Trump administration seeks to freeze
A memo suggests federally-funded programs related to supporting “illegal aliens,” foreign assistance, the U.S. International Climate Finance Plan, placing a “burden” on the use of domestic energy reso...
www.marketwatch.com
January 28, 2025 at 11:02 PM
New from me on MarketWatch: Workers in DEI roles, new hires and IRS employees are at risk as Trump culls the federal workforce. www.marketwatch.com/story/these-...
These federal jobs are most at risk of being cut by Trump’s executive orders
Workers in DEI roles, new hires, and IRS employees are at risk as Trump culls the federal workforce.
www.marketwatch.com
January 22, 2025 at 9:53 PM
For federal employees required to return to office, Trump's in-person mandate amounts to an unwelcome pay cut. Hybrid employees who WFH twice a week saved hundreds to thousands per year on travel, parking, food and work clothes, said Global Workplace Analytics. www.marketwatch.com/story/for-fe...
Trump’s return-to-office order amounts to unwelcome pay cut for federal workers
The approaching return to full-time in-person work will cost remote and hybrid workers hundreds, if not thousands, of dollars per year.
www.marketwatch.com
January 22, 2025 at 4:34 PM
The wildfires that have ravaged the LA area have left the homes of ultrawealthy and middle-class residents alike burned to ash. Some say they’ve lost everything — providing a stark reminder of how much the typical American’s net worth is tied up in their home. www.marketwatch.com/story/as-wil...
As wildfires and other disasters make owning a home riskier, how much of your net worth should be tied up in your house?
The majority of American homeowners’ net worth is in their houses, but financial planners say a house should represent a much smaller share of a household’s wealth.
www.marketwatch.com
January 14, 2025 at 6:23 PM
New for @marketwatch.com: Gen Z said in a recent survey that on average that they need an annual salary of about $587,000 to feel financially successful. It's a massive number that drew plenty of derisive responses on social media. It shouldn't have. www.marketwatch.com/story/why-it...
Why it’s no surprise that Gen Z thinks it needs $500,000 a year to succeed
As economic inequality rises, young Americans are left with a choice between settling for less and setting their sights higher.
www.marketwatch.com
December 18, 2024 at 4:04 PM
Are you an extremely high-income millennial or Gen Z household ($500,000+ annual income)? I would love to interview you for a story for MarketWatch. Happy to answer any questions before you decide. I would need to use your name in the piece. Email me at venessa.wong@marketwatch.com
December 5, 2024 at 4:21 PM