Cash may be king for now, but credit cards are poised to overthrow the throne. Based on information from the most recent U.S. Census Bureau, close to 200 million American adults have a credit card, a charge card or some combination of the two. By Nicole Spector See: Why It’s Still Better To Use Your Credit Card Over Your Debit CardLearn: The Top Purchases You Should Always Make With a Credit Card...
Officials from the National Conference for CPA Practitioners released an update this week on the IRS tax levy program. Tax chair Stephen Mankowski reported that the IRS began sending letters from an automated collection system function in June to those who owed back taxes. The income tax levy program was restarted in July, and this includes tax levy and treasury payments. Additionally, the IRS had commissioned Responsible Officers to continue work on non-filer cases and sending out notices and billing notices....
The rise of remote work during the COVID-19 pandemic looks like a permanent trend, and municipalities across the United States are paying attention. Some of them are willing to pay big bucks — $10,000 and more – to convince remote workers to move there. By Vance Cariaga See: Remote Work: Top 25 Side Gigs To Pursue From Home and How Much They Pay Find: How the Rise of Remote Work Is Empowering Women...
What Is Root Insurance? In 2015, Root Auto Insurance launched a technology-based auto insurance company with a fully digital and automated underwriting system, meaning that they can accept applications 24/7 through the mobile app. By Scott Jeffries About Root Insurance Coverage Options Disadvantages How To Buy Is It Worth It Customer Satisfaction 4.5 Coverage Options 4.6 Pricing 4.5 User-Friendly App 4.8 Pros Has lower rates than the competition Free roadside assistance Gives referral rewards Is exclusively app-based Offers premiums according to driving behaviors Cons Not available in all 50 states Limited options Not available to all drivers Root Insurance is available in 19 states, including California, Nevada, Texas, Illinois, Ohio, Pennsylvania, Connecticut and many others....
With particular attention being given to soaring oil prices as of late, it’s easy to forget that production — and consequent costs — in many industries are taking a hit due to the Russia-Ukraine war, a war which has battered an already unstable world economy. The war has also had a negative impact on the global automotive industry. By David Nadelle Discover: The Best and Worst Things To Buy Generic More: 16 Budgeting Tips Every Single Woman Needs To Know...
Supplemental Security Income recipients who had hoped to get a higher savings limit on benefits will end the year disappointed, as lawmakers opted not to include any such provision in the $1.7 trillion omnibus spending bill Congress passed last week. By Vance Cariaga See: 6 Shakeups to Social Security Expected in the New YearFind: 5 Things You Must Do When Your Savings Reach $50,000 The measure would have allowed SSI beneficiaries to amass higher savings amounts without having their monthly payments reduced, the Huffington Post reported....
A new survey found that 46% of Americans expect to retire in debt. And many don’t feel the government will be in a position to help them make ends meet, either. That is to say, 43% believe Social Security could run out either before or during their retirement, while 22% believe their retirement goals could be squashed by a stock market crash. By Dawn Allcot Social Security 101: Check Your Balance Regularly Explore: Social Security Benefits Might Get Cut Early — What Does It Mean for You?...
As with many companies, Costco is making changes due to inflation. Although the company CEO Craig Jelinek announced in July that the company would keep its flagship $1.50 hot dog and soda deal, it is taking some cost-cutting measures. By Dawn Allcot See: The Best and Worst Deals at CostcoFind: 7 Things You Should Never Do When Planning For Retirement Its food court chicken is going up by $1, FinanceBuzz reported, and fountain soda prices are increasing by 10 cents....
Transporting goods across the globe is now more expensive than ever before, putting more pressure on businesses already facing higher wages and raw material prices. Some CEOs even expect these inflated freight costs to extend into 2023, The Wall Street Journal reports. By Josephine Nesbit See: COVID-19 and Labor Shortage Expected To Push Supply Chain Issues Into 2022Find: Walmart Is Hiring 20,000 Workers to Battle Holiday Supply Chain Issues Two years ago, the cost of a 40-foot container cost less than $2,000 to move goods from Asia to the U....
With Medicare’s open-enrollment period just around the corner, millions of Americans age 65 and older will sign up for the federal health insurance program — and many will go in with wrong ideas about it. By Vance Cariaga See: 29 Careless Ways Retirees Waste MoneyFind: Stimulus Update — States Give Out Thousands of Bonus $1,000 Checks — Will You Get One? Enrollment for 2022 begins on Oct. 15 and runs through Dec....
Since 1962, the familiar view of a beige building and brightly colored logo meant tasty taco treats for travelers. Following the company’s rebranding in 2016, Taco Bell restaurants received a face-lift, with a purple bell logo that shows festive flair. By Dawn Allcot Discover: Surprising Things You Can Buy With Food Stamps More: 20 Best Places To Live on Only a Social Security Check But the new Taco Bell Defy drive-thru concept, which opened June 7 in Brooklyn Park, Minnesota, is taking things to the next level....
With gasoline prices hitting record highs this week — and experts predicting that they’ll keep rising in the coming weeks — many employers might have to reconsider their plans to have workers return to the office or worksite after a long period of remote work tied to the COVID-19 pandemic. By Vance Cariaga See: Gas Prices Reach Historic Highs — How Much More Will You Pay at the Pump This Year?...
Halloween is not just for kids. Plenty of adults dress up and have parties of their own, or accompany the kids as they head out for trick-or-treating. There are tons of great costume ideas for adults, but purchasing a pre-made Halloween costume is often incredibly expensive, and the good ones also sell out quickly. By Jordan Rosenfeld Check Out: Best Credit Cards of 2023Advice: If Your Credit Score Is Under 740, Make These 4 Moves Now...
The pandemic changed everything about our lives, especially how we work. An estimated 114 million people lost their jobs in 2020, while millions more workers had their hours and income cut. Many of those who were lucky enough to keep their jobs had to transition to working from home, often while also juggling family care and remote learning. By Casey Bond Find Out: 22 Side Gigs That Can Make You Richer Than a Full-Time Job See: 11 Best Lucrative Side Hustle Ideas: Earn More...
When the moon hits your eye, and you can only afford a pizza pie, that may be amore, but that’s also the time you should consider more affordable romantic getaways. Prioritizing time with your partner away from the daily grind is important, but you shouldn’t have to take out a loan to do so. Whisk the one you love away on a cheap and cheerful adventure. By Caitlyn Moorhead Romantic Getaways Read: 3 Ways Smart People Save Money When Filing Their Taxes...
President Joe Biden signed the Inflation Reduction Act into law on Aug. 16, legislation which has largely been touted as a climate and energy bill. But there are some other major components of the act which will affect Americans and their wallets, particularly as concerns healthcare and increased funding for the Internal Revenue Service (IRS). By Yaёl Bizouati-Kennedy See: 8 Purchases Retirees Almost Always RegretFind: Stimulus Updates To Know for August 2022...
In today’s “Financially Savvy Female” column, we chat with Kim Harding, co-founder of Harding Financial and Insurance and chair of the board of directors for Life Happens. When Harding started out her career as a financial advisor, she was once one of 10 women in an office of more than 200 people, but worked her way up the corporate ladder and eventually started her own business. Here, she’s sharing the valuable lessons she’s learned along the way and her best advice for women to break the glass ceiling and land in leadership positions — even in male-dominated industries....
Increasingly, the economy is moving more and more towards a gig economy. Customers want to be able to outsource their basic needs like ride hailing, grocery shopping and food delivery. In turn, an estimated 60 million or so gig economy workers want or need flexible work schedules and the ability to make a living or earn additional income. One study predicts that the gig economy will reach $455 billion in sales by 2023....
Elon Musk is in another public-private business conundrum. Starlink — SpaceX’s satellite internet service — won’t go public until 2025, despite investors’ enthusiasm about a potential initial public offering (IPO), one which was reportedly set to happen this year. By Yaёl Bizouati-Kennedy Discover: 9 Bills You Should Never Put on Autopay More: Top 10 Richest People in the World “I’m not sure exactly when that [IPO] is, but maybe it will be like — I don’t know, just guessing — three or four years from now,” Musk said at an all-hands meeting of the private company’s employees on June 2, according to an audio recording obtained by CNBC....
You’ve found the house of your dreams, or maybe one that’s good enough for now. The next step is to make an offer. Do you go low to save money and risk being outbid? Or do you bid high to make sure you’re the one doing the outbidding? What factors determine the list price of a home in the first place? By Diane Fogle Home Value Reasonable Offers Home buying can be a stressful and confusing process, especially with the prevalence of uninformed or outdated advice....
