Having a budget and sticking to it is a common practice — anyone in a leadership role with a company knows this well, and even the government has a budget to balance. Yet as an individual responsible solely for your or your family’s spending, is a budget really necessary? By Selena Fragassi See: 9 Costco Brand Items That Aren’t Worth the MoneyDiscover: 3 Easy Tips to Turn Your Credit Woes into Wows...
By Dawn Allcot Live Blog Updates: SNAP (Food Stamps) and Social Security Benefits Find: Top Tips for Painless Tax Prep When can you expect your tax refund? There are a lot of rumors circulating concerning how to find out when you’ll get your money. The Internal Revenue Service released a tax tip sheet on March 30 to debunk some of the most common myths. Myth No. 1: You can find out the status of your tax refund by calling the IRS or your tax preparer....
By Gary Dudak The Big Lead: Interest Rates To Keep Rising Federal Reserve Chairman Jerome Powell reiterated that aggressive rate increases will need to be implemented to tame inflation, and a half-percentage point interest rate hike may likely come at the Fed’s next meeting in May. Read the full story here More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today....
Buying a house has been getting more complicated (and pricier) for many Americans, at least partially due to inflation, low inventory and rising mortgage rates. Still, a recent survey finds that 72% of polled homebuyers have regrets about their home purchase. By Yaёl Bizouati-Kennedy See: How Much Americans Have in Their Savings Accounts in 2023Check Out: 3 Things You Must Do When Your Savings Reach $50,000 So, what can you do if you hate your new house and want to sell it quickly?...
Evolving generational differences are having a big impact on homeownership and insurance usage in the U.S., with millennials and the youngest portion of Gen X experiencing significant delays in homeownership due to the Great Recession, according to a new study. In addition, out-of-state migration patterns — partially driven by the COVID-19 pandemic — pose risks to insurance providers’ bottom lines as consumer preferences and needs are evolving, the study found....
There is a popular misconception many Americans have about assistance programs — that because an individual or family qualifies for one, they are ineligible for another. That error results in many eligible households not getting all the assistance available to them. By David Nadelle SNAP Benefits: How Long Do They Last?Holiday Spending: Get Top Holiday Shopping and Savings Tips When it comes to two similar federally funded, state-administered programs like the Supplemental Nutrition Assistance Program and Temporary Assistance for Needy Families, the wrong impression couldn’t be further from the truth....
With inflation expected to keep rising into the new year, Americans can use all the financial help they can get in 2022. Fortunately, some will get a boost in income to help them cope with higher prices for everything from gas and food to energy, household items and health care. By Vance Cariaga Social Security Payment Schedule 2022: What Dates To Watch Out For Find: 5 Nontraditional Ways To Build Your Wealth...
Many crypto investors have been pummeled in the past weeks, with the price of Bitcoin and other cryptocurrencies dropping rapidly. There might be a small silver lining however, as this might open the door to a tax loophole, according to CNBC. By Yaёl Bizouati-Kennedy See: Millennials Own More Crypto Than Any Other GenerationFind: If You Want to Invest in Crypto Without Investing in Crypto, Consider These Lower-Risk Options Losses related to cryptos are treated differently than those of stocks and mutual funds, according to CNBC, as the so-called “wash sale” rule doesn’t apply to them....
By Maddie Duley The Future of Finances: Gen Z & How They Relate to MoneyMore: If Your Credit Score Is Under 740, Make These 4 Moves Now If you fall into this category or you’re looking for new strategies to overcome the credit card debt you owe, keep reading to find out best practices from financial experts. Young Americans and Credit Card Debt by the Numbers Of those under 24 with credit card debt, 16% have debt between $1,001-$2,500, 10% have debt between $2,5001-$7,500 and 2% have debt of over $10,000....
In general, a college education opens doors in terms of desirable employment. But as the cost of college continues to rise, many are priced out of even attending. By Josephine Nesbit Discover: The Best and Worst Things To Buy Generic More: Cash App Borrow: How To Borrow Money on Cash App Using data from the U.S. Census, Bureau of Labor Statistics and National Center for Education Statistics data for the years 1980 to 2019, CNBC reported that college costs have increased by 169% over the past 40 years — but earnings for workers between the ages of 22 and 27 have increased by just 19%....
Last week, crypto service provider firm Prime Trust agreed to return $17 million in assets to bankrupt crypto lending platform Celsius, according to multiple reports, which several experts say is “a drop in the bucket” in light of what Celsius owes its clients. By Yaёl Bizouati-Kennedy Celsius filed a lawsuit against Prime Trust in August, alleging that “Prime Trust has failed and refused to transfer to Celsius approximately $17 million worth of crypto assets (at recent prices) that Celsius instructed Prime Trust to deliver,” according to the lawsuit....
Computers, mobile phones, large appliances, cars, security systems and cameras — a large variety of everyday products need semiconductor chips to operate. But there’s not enough of these tiny devices to go around, and the global semiconductor shortage has boosted investor interest in GlobalFoundries. By Thomas Streissguth New Clients and Expanding Capacity Rising Revenues and Profits Risks and Rewards Based in upstate New York, GlobalFoundries is the world’s fourth-largest semiconductor company....
Preparing to retire can be an exciting time. Like starting a new job, getting married, buying a home or having a baby, it is a major life change that warrants celebration — but may also potentially represent some financial changes. By Dawn Allcot Consider When You’ll Claim Social Security Understand Your Pension Review Your Investments Consider Healthcare and Long-Term-Care Costs Think About What You’ll Do When You Retire See: 15 Worst States To Live on Just a Social Security CheckFind: 10 Reasons You Should Claim Social Security Early...
Hundreds of thousands of Americans might still be eligible to receive their third $1,400 economic stimulus check, according to a new report from the Treasury Department’s Inspector General for Tax Administration. By David Nadelle See: SNAP 2022: Is My State Giving Out Extra Money in April?Find: 2022 Stimulus Checks: Is Your State Giving Out Money This Year? On March 30, the IRS stated it is no longer issuing first-, second- or third-rounds stimulus checks....
The Biden administration announced on Aug. 24 a formal plan to forgive up to $20K in federal student loans, affecting millions of borrowers as they awaited a student loan moratorium set to end on Aug. 31, 2022. That deadline has also now been extended to the end of the year. By Vance Cariaga Student Loan Forgiveness: Will You Qualify for $0 Payments Under Biden’s New Plan?Learn: Protect Your Financial Future With Gold and SilverFood Stamps: What Is the Highest Income Level for Food Stamps in 2023?...
About Travelers Home Insurance Travelers is an insurance company that has been around for more than 165 years and provides insurance solutions for individuals and businesses. The company has over 30,000 employees plus 13,500 independent agents and brokers working in the United States, Canada, the United Kingdom and Ireland. By Scott Jeffries About Travelers Home Insurance Where It’s Available Types of Coverage Discounts Customer Experience Coverage Options 5.0 Possible Discounts...
If you’ve ever watched a fashion show, or seen the photos, you might find yourself scratching your head thinking: Who would wear that? Fashion often straddles the line between art and functionality. However, while most of us will never wear (or be able to afford) the getups that make headlines on the world’s most famous runways, many people seek practical fashion brands that improve their style, shape their identity, and just make them feel good wearing it....
Rideshare companies Uber and Lyft recently implemented fuel surcharges to help compensate their drivers — who are independent contractors and responsible for their own expenses such as gas — for rising fuel prices. By Dawn Allcot See: Gas Prices 101: How Growing Need for Fuel Surcharges Affects Businesses (and You) Find: Gas Prices 101: What Is a Fuel Surcharge as Uber and Lyft Implement Change? DoorDash, on the other hand, has implemented a program to provide cash back to drivers for their fill-ups — and cash bonuses based on how much they drive....
Demand for air travel is strong, but can Americans continue to afford it? By Nicole Spector New data shows that as of September, airfare rose 42% over the previous year. The ghastly increase can be attributed to a few factors including the high demand (a double-edged sword) and the rise in the cost of fuel, as well as a shortage of pilots. Retirement at Any Age: Get Retirement Tips That Fit Every Stage of LifeRead: If Your Credit Score Is Under 740, Make These 4 Moves Now...
While nobody really looks forward to doing their bills monthly, much less even more frequently, experts agree that making weekly time for bills is a smarter way to go. Reviewing and paying bills on a weekly basis can save you headaches, hassles and keep you ahead of your financial goals. By Jordan Rosenfeld Tips: 7 Financial Habits That Improve Your Daily LifeCheck Out: 50 Ways You’re Throwing Money Away Here are 10 reasons why it’s important to schedule time for bills each week....
