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Bitcoin plummeted below $60,000 for the first time in weeks, as volatility in the crypto markets at large continues. Bitcoin reached an all time high of $69,000 on November 10. Despite the current volatility, the crypto is also up 107% year-to-date, according to Coingecko. By Yaёl Bizouati-Kennedy Find Out: What Is the Next Big Cryptocurrency To Explode in 2021?Biden’s New Crypto Tax: 2 Things You Need to Know Several factors might be causing the slump, include China’s expanding crackdown on crypto mining, as well as crypto tax provisions in the U....

Dogecoin is a cryptocurrency that began as an entertaining joke but has since gone on to see massive gains — and losses. The coin dates back to 2013, when it was first developed by software engineers Jackson Palmer and Billy Marcus. By Teddy Garcia Current State Factors Affecting Predictions Price Predictions See: 5 Things You Must Do When Your Savings Reach $50,000 The pair named their coin after a comical misspelling of the word “dog” used in memes featuring images of Shiba Inu dogs....

If you’ve been following financial news, you know that the U.S. Federal Reserve is planning interest rate hikes for 2022, most likely beginning in March after their next Federal Open Market Committee meeting. The rate hikes are expected to curb inflation. By Dawn Allcot See: 9 Safe Investments With the Highest ReturnsFind: 35 Retirement Planning Mistakes That Waste Your Money Following the biggest jump the U.S. consumer price index has seen in more than four decades, with the CPI rising 7....

Natural disasters are occurring with increasing frequency due to a combination of factors, including the impact of climate change. In 2021 the United States experienced 20 separate billion-dollar weather and climate disasters, according to Climate.gov, placing it second for the most disasters in a calendar year behind the record 22 events in 2020. By Vance Cariaga See: 22 Side Gigs That Can Make You Richer Than a Full-Time JobFind: How To Avoid Being Scammed After a Natural Disaster...

We need to talk about how to fend against inflation. By Nicole Spector Because our society does not explicitly value financial literacy, there’s pressure on Americans to take a DIY approach, if you will. To get a grasp of personal finance and leverage some control, we read books, listen to podcasts, consult with advisors and so on. This is all important work that can really help, but alas, financial literacy in itself isn’t necessarily the ticket to financial solvency and peace of mind....

Studies show that financial stability is one of the most important traits in a partner. However, the pandemic has increased financial stress on relationships in the past two years. The recent Love & Money Report, published by digital wealth advisor Personal Capital, revealed that 57% of adults in the U.S. say the pandemic has increased financial stress in their relationship. The pandemic seems to have had the most strain on younger generations....

In today’s “Financially Savvy Female” column, we chat with Mindy Jensen, co-host of the “BiggerPockets Money” podcast and the co-author of “First-Time Home Buyer, The Complete Playbook To Avoiding Rookie Mistakes,” and Liz Faircloth, co-founder of the Real Estate InvestHER community, about ways women can cash in on the booming housing market. By Gabrielle Olya Keep Up With the Latest: Sign Up for The Financially Savvy Female Newsletter What Money Topics Do You Want Covered?...

One of the best ways to grow your wealth passively is by earning interest. While traditional savings accounts might pay some interest, the rates they pay are usually quite low. For example, according to the FDIC, the national average interest rate for savings accounts is 0.33% as of Jan. 17, 2023. Meanwhile, the average yield on checking accounts is just 0.06%. By Bob Haegele But there’s another side to this low-yield problem: inflation....

Adam Sandler, 55, is one of the most bankable entertainers around. His “Saturday Night Live” skits are still favorites on YouTube, and his first starring role in film, 1995’s “Billy Madison,” is considered to be a modern comedic classic. He has continued to be one of the most successful actors/comedians/writers/producers in the business. He has even been the highest paid performer of the year more than once. By Michelle Tompkins See: The 15 Highest-Grossing Actors of All TimeFind: 10 Highest-Paid Movie Roles of All Time...

Chris Pratt is an American movie star known for playing affable characters on TV and in film. Pratt’s most recent film, “The Super Mario Bros. Movie” had fans in an uproar over his being chosen to play the iconic Nintendo character, Mario. By Michelle Tompkins Retirement at Any Age: Get Retirement Tips That Fit Every Stage of LifeFind: 22 Side Gigs That Can Make You Richer Than a Full-Time Job...

Though physical books will always be classic, audiobooks are an ever-expanding enterprise that offer the convenience of having thousands of books with you in the palm of your hand. With platforms such as Audible, you can download all of your favorite reads onto your phone or tablet and listen at your leisure. By Caitlyn Moorhead Cancel Online Cancel on iOS Cancel on Google Play Pause Audible If you are too busy to keep up with your reading or are looking to save some money, it is good to know how to cancel your Audible membership....

NFTs are continuing their explosive growth, and now, the Securities and Exchange Commission (SEC) is reportedly probing into their trade, calling for more information specifically on so-called fractionalized NFTs. By Yaёl Bizouati-Kennedy See: You Can Now Buy NFTs at the ATM in NYC for the First Time Find: Global NFT Sales Hit Record $7 Billion in January Despite Crypto Slump This comes against the backdrop of President Joe Biden’s executive order on digital assets signed this week — an order which signaled intentions of regulating the crypto space, and which was largely lauded by the industry....

Searching for a home can be a time-consuming process — and for many first-time homebuyers, this translates into lost income due to hours of missed work. A recent survey of first-time homebuyers conducted by Opendoor found that these buyers have racked up nearly $1 billion in lost work time while looking for a home. By Gabrielle Olya 2021’s Competitive Housing Market: How Pricing, Inventory and More Changed Over the YearFind Out: 8 Affordable Ways To Upgrade Your Primary Bedroom...

Mortgage rates have historically moved in line with interest rates, so why have they been rising recently in spite of unprecedented low interest rates? By Georgina Tzanetos See: Here’s How Much Mortgage Rates Have Fluctuated Over the Past Decade Find: Tips To Get Your Mortgage Payments as Low as Possible Inflationary fears have been enough to push rates higher in recent weeks, even though interest rates have been relatively untouched for almost a decade....

The U.S. government passed legislation for 2022 as part of the American Rescue Plan Act that forces online payment platforms like Venmo, PayPal, Stripe, and Square to report all aggregate business payments of $600 or more to the IRS through a 1099-K form. This new tax rule only applies to payments for “goods and services,” not for personal payments between friends and family. Previously, the threshold was $20,000 in income and 200 or more transactions....

California has, historically, had issues spreading the word and increasing the adoption of CalFresh, the local name for the federally funded, state-administered Supplemental Nutrition Assistance Program. By Dawn Allcot Dating back to 2018, NPR wrote a story detailing why California is one of the lowest ranking states for SNAP, formerly called food stamps, benefits participation. At the time, Kim McCoy Wade, chief of the CalFresh branch of California’s Department of Social Services, called the underutilization of the program a “persistent puzzle....

So, you want to be a big-shot movie star, do you? Maybe get nominated for an Academy Award and grab a bag of swag worth nearly $140,000 — the bags they give out to actors and directors at the Oscars? Well guess what: You’ll have to pay taxes on the gift bag, so fame comes with a price, kid. By Vance Cariaga Trending: How Rich Is 2022 Oscar Winner Will Smith?...

Retiring at 50 used to be just a fantasy for all but the wealthiest Americans. These days, though, the push to retire early and enjoy life while still relatively young has been gaining momentum. By John Csiszar Learn: 8 Purchases Retirees Almost Always RegretRead Next: 7 Surprisingly Easy Ways To Reach Your Retirement Goals Inspired by the “Financial Independence, Retire Early” movement — typically referred to as “FIRE” — more younger workers are striving to reach this lofty goal....

The holidays are a time filled with various social gatherings with friends, family and colleagues — which, unfortunately, leaves plenty of opportunities for you to make an unintended social faux pas. When enjoying these merry celebrations, you should avoid asking any of these rude money questions if you don’t want to become the Scrooge of the party. By Gabrielle Olya How Much Did This Cost? “Never ask someone how much something costs — this can be a gift, holiday travel expenses or a holiday budget,” said Joy Weaver, a protocol and etiquette expert....

How well does your Medicare plan cover the services that you need? Medicare open enrollment begins Oct. 15 and continues through Dec. 7; however, 71% of beneficiaries don’t explore their coverage options during this time, according to a new Kaiser Family Foundation study and as reported by CNBC. Medicare benefit details can change, so not taking the time to review your options could be a costly mistake. By Josephine Nesbit See: Social Security Just Got Its Biggest Bump Ever – Are Rising Food Prices Covered?...