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Retirement can be a complex phase of life from a financial standpoint, and many women are underprepared due to a lack of financial literacy. A recent report from The American College of Financial Services found that 89% of women received a failing grade on a retirement literacy quiz and only 1 in 3 women has a formal retirement plan in place. In today’s “Financially Savvy Female” column, we’re chatting with Hilary Fiorella, executive director of the Center for Women in Financial Services at The American College of Financial Services, about where the biggest knowledge gaps are when it comes to women and retirement....

With inflation still soaring and a recession likely on the horizon, it’s a tough time for many Americans. During difficult financial periods, people are often forced to turn to their savings, but those may not even last you very long in this rocky climate. By Nicole Spector Take a Look Back: 2022 Year in Review Discover: States Whose Economies Are Failing vs. States Whose Economies Are Thriving According to Finder’s Consumer Confidence Index, 21% of respondents said they couldn’t live off their savings for more than a week....

Half of employed Americans intend to make career changes, citing the lack of empathy or the lack of flexibility in the workplace, according to a new survey. By Yaёl Bizouati-Kennedy Explore: Why Child Care Still Plays a Significant Role in Getting Parents Back to WorkTeachers Deserve a Break: McDonald’s Honors School Staff With Free Breakfast for a Week in October The survey follows the Labor Department’s Job Openings and Labor Turnover Survey yesterday....

Discover is one of the most popular credit card brands in the United States, coming in behind Visa and Mastercard but ahead of American Express, Member FDIC. The company’s credit cards are all under the Discover it brand with the exception of the NHL credit card, and they offer compelling perks like cash back and travel rewards. By Joshua Rodriguez About Discover Refer-a-Friend How It Works Why To Refer Friends With so many benefits, it’s not surprising if current Discover cardholders want to refer their friends to the lender....

By Andrew Lisa See: Stimulus Checks, Inflation and More of the Biggest Financial News Stories of the YearRead More: Here’s How Much You Need To Earn To Be ‘Rich’ in Every State More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. Mega Millions For insight into America’s financial state of mind in 2021, the No. 1 most-searched phrase across the entire news category for the whole year was “Mega Millions....

Elon Musk has clarified how many employees at Tesla will be losing their jobs, following comments he made earlier this month about staff reduction. By Yaёl Bizouati-Kennedy Speaking at the Qatar Economic Forum on June 21, Musk said his electric vehicle (EV) company’s workforce would be reduced by 10% over the next three months, but that the overall headcount reduction would only be around 3.5% because hourly staff numbers are still expected to grow, according to Bloomberg....

The nation’s top energy official has some cheery news for American motorists — your gas prices should continue to fall in the coming months, and possibly hit their lowest point since last winter. By Vance Cariaga See: 10 Biggest Deals at Walmart for AugustFind: How Much Cash To Have Stashed at Home at All Times Don’t get your hopes up just yet, though. In an appearance on CNN’s “State of the Union” over the weekend, U....

One of the methods that economists use to determine if the economy is entering a period of inflation or deflation is the consumer price index (CPI), put together by the Bureau of Labor Statistics. The CPI measures changes in the prices consumers pay for certain goods and services over time. It reflects a range of people at different income levels, but not every population (such as patients in mental hospitals)....

By Jaime Catmull To find out, I chatted with a number of financial experts to get their insights on what they believe is most important. If you’re deciding between a low APR card or one that offers rewards, read on to see what these experts say is the more important perk. Jaspreet Singh, Founder of The Minority Mindset: Rewards “Low APR means nothing to me. I have no idea what my APR is for my credit cards because I never carry a balance....

For most Social Security recipients, the biggest change set to take effect in 2023 is an 8.7% cost-of-living adjustment — the highest in 41 years. But that’s far from the only change heading into the new year. By Vance Cariaga There will also be changes in Social Security disability thresholds, Social Security earnings limits and Medicare premiums deducted from Social Security payments. Here’s a final look at Social Security Administration changes for 2023 as we head into the new year....

SNAP provides support for low-income seniors, people with disabilities living on fixed incomes, and other low-income households. The Florida Department of Children and Families Office of Economic Self-Sufficiency (ESS) is responsible for determining SNAP eligibility and distributing benefits to Florida SNAP accounts on a fixed monthly schedule. By Josephine Nesbit Learn: SNAP Benefits Slow Memory Decline in Senior RecipientsFind: Can You Collect Social Security and Be Eligible For Food Stamps?...

With so many banking transactions now performed without paper checks, it’s common to need your financial institution’s routing number, particularly to transfer money from one financial institution to another. Suncoast customers may need the Suncoast Credit Union routing number to set up an ACH transaction, such as direct deposit or automatic payment. A Suncoast customer may also be asked for the routing number to complete a domestic wire transfer. By Andrea Norris Suncoast Routing Number Purpose of Routing Numbers About Suncoast Suncoast Credit Union Routing Number Suncoast Credit Union’s routing number is 263182817....

The pandemic forced many parents, teachers and students to quickly pivot to virtual schooling. Though some students are participating in hybrid learning right now, where half of their time is spent in a physical school and half of their time is spent learning at home, some have completely returned to virtual learning. Though it seems like a virtual setting would cut costs, there are still expenses for both schools and parents that can’t be ignored....

The federal funds rate is expected to peak in 2023 between 3.90% and 4.90%, so savings account interest rates could go up to anywhere between 4.00% and 4.85% based on previous increases. Interest rates already went through the roof in 2022, marking the fastest rate hike cycle in decades. The Federal Reserve’s quantitative tightening plan, headed by Jerome Powell, significantly impacted interest rates as it attempted to curve inflation. By David Granahan 2022 Interest Rates 2023 Interest Rates High-Interest Rate Accounts What To Look For U....

Val Demings, 65, is a politician and former law enforcement officer who has been a congresswoman from Florida representing the Orlando area since 2017. She is seeking to dethrone Republican Senator Marco Rubio in November. While she has spent more than her opponent in this race, with her spending $47.2 million as opposed to Rubio’s $36.5 million, she is still trailing slightly behind. By Michelle Tompkins See: How Rich Are King Charles III and the Rest of the British Royal Family?...

What does it mean to be “rich?” It sounds like a simple question, but it’s not so easy if you are trying to put a real number on it. Is a “rich” person someone who has $1 million? $2 million? $10 million? Our perceptions of wealth are far from an exact science. By Bob Haegele Find Out: Here’s How Much You Need To Earn To Be ‘Rich’ in Every StateSee: These 15 Billionaires Got Richer During The Pandemic...

There’s no denying that some cryptocurrency traders have become millionaires thanks to their successful investments. What’s not as often discussed is the great number of people who have lost significant sums trying to become rich by investing in crypto. By John Csiszar Find: 22 Side Gigs That Can Make You Richer Than a Full-Time Job See: 10 Richest People in the World Unless you have an enormous risk tolerance, investing in cryptocurrency may not be a good choice for you....

Founded in 2009, Venmo quickly rocketed through the ranks to become one of the most popular peer-to-peer payment and personal finance apps. In 2020, the company teamed up with Synchrony Bank to launch the Venmo Visa credit card, which comes with exciting perks like up to 3% cash back. By Joshua Rodriguez Log In From a Computer Mobile Device Retrieve Login Info When you get a new credit card, you need to go through the online registration process to manage your account on the internet....

Someone you know is in the midst of financial hardship, and you’re not about to sit back and watch them struggle. You want to intervene, without overstepping, but you’re not sure what that looks like. By Jennifer Taylor Fact Check: Is a Fourth Stimulus Check Going to Happen?Stimulus Update: States Give Out Thousands of Bonus $1,000 Checks – Will You Get One? Approximately one-quarter (27%) of U.S. adults are frequently concerned about paying their bills, according to a 2021 survey conducted by the Pew Research Center....

One of the great things about investment markets is that there’s always an opportunity to make a profit, even when things are seemingly unfavorable. By John Csiszar Small Business Spotlight 2022: Nominate Your Favorite Small Biz by July 25 Have You Seen These? 22 Side Gigs That Can Make You Richer Than a Full-Time Job For example, when inflation rises, it costs companies and consumers alike more to build, produce and consume things, and this is generally seen as a negative....