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In early 2022, as gas prices rose, electric vehicle registrations also surged. New EV registrations totaled 158,689, or 4.7% of all new car registrations in the U.S., according to data from Experian reported by Automotive News. This growth is promising for those looking to invest in the industry. By Dawn Allcot Identifying Good EV Stocks Tesla Ford Nio XPeng ChargePoint iShares IDRV ETF Why EV Stocks Getting Started See: 5 Things You Must Do When Your Savings Reach $50,000...

A checking account is a useful money management tool. In fact, these accounts are so handy that even millionaires typically have a checking account for their money management needs. By Sarah Sharkey Where Millionaires Put Their Money 8 Checking Accounts But the financial habits of a millionaire are a bit different than your average consumer. With that, their checking accounts have some different features built-in to accommodate their needs. Want to learn what checking account millionaires are using?...

With inflation running wild (and many salaries not keeping up), many Americans are living paycheck to paycheck and racking up debt in the process, according to new surveys. By Selena Fragassi See: Surprising Things You Can Buy With Food StampsFind: 9 Bills You Should Never Put on Autopay As MarketWatch reported this week, living paycheck to paycheck has “become the norm” for many workers. Citing data from a new Lending Tree survey that polled 4,000 people, they found that 63% of middle class and 49% of high-income earners are waiting on the 15th and 30th every month to receive their money (which is an increase from 57% and 38%, respectively, reported last year)....

Overview Anyone who has the Bank of America Customized Cash Rewards credit card can earn rewards quickly on a tiered cash-back basis, generating 3% on purchases in the category of their choice. Cardholders can choose from the following options: online shopping, dining, gas, drugstores, travel or home improvement and furnishings. They can also earn 2% cash back on grocery store and wholesale club purchases. Cardholders will only earn the two highest rates on the first $2,500 in combined purchases in the listed categories each quarter, though....

Today is National Cash Back Day — a good reminder to check out our recommendations for the best cash back credit cards for 2023. Figure out which card is the best fit for extra savings and check out today’s top financial stories. By Heather Taylor The Big Lead: Not Everyone Will Get an 8.7% COLA Increase in 2023 Beginning in December, the Social Security Administration will start mailing COLA notices to beneficiaries providing details on next year’s payment amounts....

A rising number of Americans are filing consumer complaints about medical billing and collection, with many saying they are being billed for services they didn’t receive, according to a new report from the Consumer Financial Protection Bureau (CFPB). Even more disturbing: A significant percentage of consumers are paying the bills even though they don’t owe the money. By Vance Cariaga Cash Flow: Cash App Borrow: How To Borrow Money on Cash AppAuto Plan: Rising Gas Prices: The True Cost of Going Electric...

Consumers who qualify for Supplemental Nutrition Assistance Program (SNAP) benefits and live in states where Piggly Wiggly does business can use their Electronic Benefit Transfer (EBT) cards to purchase food at the grocery chain. By Vance Cariaga Piggly Wiggly is among the U.S. grocery chains that accept EBT cards as a form of payment, according to the Food Stamps Now website. SNAP is a federal program designed for families who need financial help buying food....

The Merge — the Ethereum upgrade set to take place Sept. 15 — represents what many call “the biggest crypto event ever.” From tremendously reducing Ethereum’s energy consumption to the effect it might have on crypto prices and institutional adoption, many experts say the outcomes of the upgrade, which is the full transition to proof-of-stake (PoS) from proof-of-work (PoW) for Ethereum, will be far-reaching but might take years to fully manifest themselves....

With the rise of remote work, it’s now possible to work from almost anywhere, and some people are taking full advantage of this by working from multiple locales throughout the year. But what happens when it comes time to file taxes? Which state or states do you have to file with? What do you do if you’ve lived out of a van or stayed in short-term rentals? By Gabrielle Olya Important: Everything You Need To Know for Tax Season If This Is Your First Year With a Side GigNeed Help Filing Taxes?...

The IRS will provide penalty relief to most people and businesses who file certain 2019 or 2020 returns late. However, to be eligible, tax returns must be filed no later than Sept. 30, 2022. By Yaёl Bizouati-Kennedy See Our List: 100 Most Influential Money ExpertsDiscover: 8 Purchases Retirees Almost Always Regret For the 1.6 million taxpayers who already paid these penalties, the IRS said it would automatically issue more than $1....

It’s National Tell a Joke Day, but unfortunately all the jokes I know are about pizza and I don’t think you’ll like them — they’re too cheesy. Anyway, here are today’s top financial stories. By Gary Dudak The Big Lead: New Car Prices Break Records, Average Monthly Payment Hits $733 Buying a new car continued to get more expensive in July thanks to rising sticker prices and interest rates, with the estimated typical monthly payment hitting a new record high of $733....

Happy Wednesday — and National M&M Day! Fun fact: M&M’S introduced Purple, their first new spokescandy in a decade, this year. Catch up on today’s top financial stories while you’re enjoying a candy break. By Heather Taylor Social Security: 2023 COLA To Rise 8.7% for Its Biggest Gain in Four Decades The Social Security Administration on Thursday announced its biggest annual cost-of-living adjustment (COLA) in more than four decades, with Social Security recipients set to get an 8....

Health insurance can be expensive if you don’t know what you’re buying or how to shop for the most affordable plan. Since the passage of the Affordable Care Act (ACA), which was designed to make healthcare affordable for every American, there are more options — but it can be confusing to figure out which is right for you. By Jordan Rosenfeld Find: 10 Things To Stop Buying in 2023Learn: 3 Ways Smart People Save Money When Filing Their TaxesDiscover: 40 Cities That Could Be Poised for a Housing Crisis...

Taking a salary as a business owner is not as simple as declaring you’ll start paying yourself a certain amount of money each month. Many factors, including the entity formation you incorporated as and your company cash flow, play a role in drawing an appropriate salary. By Heather Taylor When Are Business Owners Ready To Start Paying Themselves? Many business owners delay paying themselves when first starting a small business. This decision is usually tied to cash flow....

With many signs indicating the United States economy has entered into a technical recession, small-business owners must take swift action to make their companies recession resilient. Follow these steps to ensure your small business’ long-term health and success. By Heather Taylor Here It Is: Our 2022 Small Business SpotlightRead More: 7 Things You Should Never Do When Planning For Retirement Invest In Employees How can a small business maintain its staff, continue hiring talent and reassure all existing and incoming employees they have job security?...

Planning to get out of the house this summer? Lifted restrictions mean that people are making plans to travel, but there are a few things you should know about the Delta variant and how it may affect your travel plans. Experts are saying that this new SARS-CoV-2 variant is a big cause for concern, and especially for those who are unvaccinated. By Josephine Nesbit Cruises: CDC Lowers Cruise Travel Recommendations: Is the Vacation Worth the Cost?...

U.S. insurance broker and wealth management firm IMA Financial Group recently announced the launch of IMA Web3Labs, what the company deems the metaverse’s first insurance and risk management research and development facility. Following in the footsteps of JPMorgan, the first bank to set up shop in the metaverse, it will also be located in Decentraland, the company said. By Yaёl Bizouati-Kennedy See: Which Companies Are Primed To Excel in the Metaverse?...

Financial literacy is of utmost importance, and many American parents, recognizing that, start imparting investing lessons and financial education more broadly to their children early. In fact, most parents with children aged 10 and older have already taught them about investing, a new survey shows. However, that same data also indicates that nearly half of U.S. children are missing out on crucial personal finance lessons (especially given the current markets) such as the importance of long-term investing....

The bad news keeps piling up for Activision Blizzard, as the troubled video game maker now faces a lawsuit from a handful of New York City employee pension groups over its deal to be acquired by Microsoft. The five groups, which all own shares of Activision, allege the company failed to turn over financial records they requested to find out if it got the best deal from Microsoft, The New York Times reported....

While remote work took off during the pandemic, it seems as though it’s here to stay. In its State of Remote Work survey, social media management company Buffer found that 99% of remote workers would like to continue working remotely for at least part of the rest of their careers, and 95% would recommend remote working to others, Recorde reported. By Georgina Tzanetos Compare: These 10 Companies Are Expected To Have the Most Remote Job Openings in 2022Explore: 8 Tech Careers To Pursue To Become Rich Faster...