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The banks of 2028 won’t be unrecognizable compared to those you know today, but they will provide a smoother, simpler and faster customer experience — and they’ll do it with fewer humans. By Andrew Lisa “Over the next five years, the banking industry is set to experience a wide array of changes that will revolutionize and influence how customers interact with their banks,” said small-business and investor consultant Lucas “Luke” Solomon, founder of the smart banking site FX4Biz....

Sandwich franchise Subway is simplifying its menu process while offering diners more options than ever before in what the company called, via a press release, “the most ambitious undertaking in company history.” By Dawn Allcot See: 8 Remote Jobs That Pay at Least $20 Per Hour Find: 7 Secret Money Traps at Walmart This newest promotion builds upon last year’s Eat Fresh Refresh campaign, wherein Subway restaurants closed on July 12 for a menu refresh that included new ingredients, sauces and bread options....

Flying has become increasingly frustrating and complicated as of late, given more frequent cancellations and delays partly due to labor shortages. In light of this, the Department of Transportation (DOT) recently announced a proposal which “would significantly strengthen protections for consumers seeking refunds for airline tickets.” By Yaёl Bizouati-Kennedy See: 10 Biggest Deals at Walmart for AugustMore: 7 Surprisingly Easy Ways To Reach Your Retirement Goals “Since early 2020, the Department has received a flood of air travel service complaints from consumers with non-refundable tickets who did not travel because airlines canceled or significantly changed their flights or because the consumers decided not to fly for pandemic-related reasons such as health concerns,” the DOT said in a press release on Aug....

I hope you are all having a decent Tuesday. Here are the top financial stories of the day. By Gary Dudak The Big Lead: Florida Approves Disaster Food Stamps for Hurricane Ian Victims Florida’s Department of Children and Families announced the state’s application for Disaster Supplemental Nutrition Assistance Program (D-SNAP) has been approved by the U.S. Department of Agriculture. D-SNAP will provide food assistance to low-income households affected by Hurricane Ian....

If you have student loans with multiple loan servicers, consolidation is one option to simplify loan repayment while potentially lowering your monthly amount due. Student loan consolidation combines multiple student loans with different interest rates and term lengths into a single loan. By Josephine Nesbit Discover: Top 10 Richest People in the World More: 22 Side Gigs That Can Make You Richer Than a Full-Time Job Because the U.S. Department of Education doesn’t run a credit check as part of the application process, borrowers with bad credit can still consolidate their student loans, says Tate Law....

While finding peace and contentment in a “forever home” is the dream of many American adults, retirees are increasingly seeking experiences rather than possessions. Living the lifestyle you deserve might mean making a tough decision between selling your home and paying the mortgage off. By David Nadelle See: 10 Things To Stop Buying in 2023Learn: With a Recession Looming, Make These 3 Retirement Moves To Stay On TrackDiscover: 2023’s Housing Correction Could Be The Largest Since Post-WWII...

The wealth gap between married and single people has widened in recent years. As of 2019, married couples were worth nine times as much as single-family households, The Wall Street Journal reported. By Gabrielle Olya Wealthy Millennials Aren’t Banking on Stocks: Here’s What They’re Investing In InsteadLearn: Should You Still Buy a Home in Today’s Market? Given this wealth disparity, it’s clear that it’s more difficult to achieve financial security on a single income — but with the right planning, it is possible....

Gift giving can cost more than you bargained for if you have to pay taxes on any gifts you offered up last year. The exclusion for tax year 2022 is $16,000 per recipient in one year. This means you could have gifted someone up to $16,000 last year — the amount increases to $17,000 in 2023 — without having to pay tax on the gift. Anything above and beyond that amount is subject to tax....

The holiday spirit is in the air and so too are many travelers — and the cost to fly is skyrocketing. In fact, in the last year, the consumer price index for airline tickets has surged by 25%. By Nicole Spector Holiday Spending: Get Top Holiday Shopping and Savings TipsSee: 3 Easy Tips To Turn Your Credit Woes Into Wows Rather than forking over $463 (the average price of a domestic Christmas flight, according to data from travel booking app Hopper) or more, you may want to ride out the holidays and book your flights for just two weeks later, in mid-January....

Inflation hit everyone hard this year. The Bureau of Labor statistics just released its report for November, showing a 7.1% increase in costs from last year. While this report shows a slowdown of inflation in that some costs have decreased, like that of gasoline and electricity, experts are still expecting to see more price increases and potentially a recession in 2023. By Ashleigh Ray See Our List: 100 Most Influential Money ExpertsLearn: 5 Things You Must Do When Your Savings Reach $50,000...

Job searching can be stressful at any time of the year, but some times are a bit better than others. While a lot of employers begin their job hiring in earnest at the first of the year, this can extend into early spring, according to Top Resume, especially if tax preparation was a lengthy or time-consuming process for the company. By Jordan Rosenfeld Pros Cons Here, experts explore pros and cons of applying for a job after tax season has wrapped up....

Real estate investments have the potential to pay off big — but they can also end up costing you big if you choose the wrong property. And although there are no guarantees when it comes to investing, certain types of real estate have more potential than others when it comes to netting you a healthy ROI. By Jaime Catmull Check Out: Why Buying Property in These Vacation Destinations Could Be a Great InvestmentRead More: ‘Minority Mindset’ Founder Jaspreet Singh Bought Property For $8k To Invest-Here’s How You Can Too...

Still struggling to find a way to pay for the reconciliation package, some Democrats are proposing a “billionaire tax.” However, the richest man on the planet, Tesla CEO and SpaceX founder Elon Musk, is not happy about it and took to Twitter to let the world know. By Yaёl Bizouati-Kennedy See: Nearly 40% of America’s Wealthiest Billionaires Give Relatively Nothing to Charity Find: Just How Rich Are Elon Musk, Donald Trump and These Other Big Names?...

If you are living paycheck to paycheck and have very little money left over you may be in the position of choosing whether to invest and save your extra money or to focus your efforts on paying down debt. By Cynthia Measom Find Out: Here’s Exactly How Much Savings You Need To Retire In Your StateLearn More: 20 Jobs Where You Can Make $60,000 Out of College If you can choose only one option, it may actually be wiser and more cost-effective in the long run to pay down your existing debt....

Prospective homebuyers can breathe sighs of relief as home prices are finally on the way down. In fact, a new report by Realtor.com found that, from July to August, national home prices experienced their most significant month-to-month plunge in data history, dating back to 2016. By Gabrielle Olya Save More: Back-to-School Tips To Help You Cut Costs Looking To Diversify in a Bear Market? Consider These 6 Alternative Investments Will Home Prices Continue Cooling Down This Fall?...

Nearly half of working Americans worry about running out of money in retirement (45%), while the rest (55%) say running out of time to do what they want in retirement is a bigger concern, a recent TIAA survey found. If you are nearing retirement age and have one (or both) of these fears, here’s how to tell if your fear is warranted and what you should do about it. By Gabrielle Olya Read: Jaw-Dropping Stats About the State of Retirement in AmericaTake Action: Do These 13 Things To Boost Your Retirement Savings Now...

Texas SNAP benefits are distributed once per month to Texas Lone Star Cards, the state’s EBT card. Benefits are administered by the Texas Health and Human Services Commission and can be used to purchase most foods and seeds and plants to grow food, excluding food that is hot when sold or food that is sold to be eaten in the store. By Josephine Nesbit SNAP Benefits: How Long Do They Last?...

In this “Financially Savvy Female” column, we’re chatting with Lorna Kapusta, head of women investors at Fidelity Investment, about what makes women savvy investors and how any woman can get started investing. Only a third of women feel confident in their ability to make investment decisions, according to Fidelity’s 2021 Women and Investing Study. But this percentage should be a lot higher — the same study found that women investors typically outperform men....

If you paid a day care center, homecare aide, or other person or organization to care for your child — or a relative — so that you and/or your spouse could work or look for work, you may be eligible to claim the child and dependent care credit on your 2021 tax returns. By Dawn Allcot Learn: What Is the Earned Income Tax Credit and Why Does It Matter for Your Taxes?...

Just in time for the holidays, wanderlust may be kicking in again if flight bookings are any indication of such. But with inflation at a four-decade high, many Americans might reassess or delay their travel plans. A new study however, could make some would-be tourists reconsider this — as your dollar may now go further when converted to certain currencies. By Yaёl Bizouati-Kennedy See: 22 Side Gigs That Can Make You Richer Than a Full-Time JobFind: If Your Credit Score is Under 740, Make These 4 Moves Now...