Posts

On average, Asian Americans have higher educational attainment and household income than any other racial and ethnic group in the United States. But they still lag behind white Americans in terms of homeownership, according to a new study from Realtor.com. By Vance Cariaga See: 50 Ways You’re Throwing Money AwayFind: 10 Kitchen Renovations That Will Hurt Your Home’s Value The study, released in honor of Asian American and Pacific Islander Heritage Month, found that homeownership rates for Asian Americans grew to 61....

Working while you are retired can make a difference in boosting your income and is a good way to fill your days. And having a job, even a part-time one, often helps with the transition from worker to retiree. However, there is a limit to what older workers can make and still receive full Social Security benefits. By David Nadelle See: Can I Draw Social Security At 62 and Still Work Full Time?...

John Fetterman, 53, is an American politician currently serving as the lieutenant governor of Pennsylvania. He is the Democratic candidate for the upcoming U.S. Senate race in the same state, going up against Republican Dr. Mehmet Oz in a contest seeing both candidates employ attack ads. By Michelle Tompkins See Our List: 100 Most Influential Money ExpertsLearn: If Your Credit Score Is Under 740, Make These 4 Moves Now Fetterman suffered a stroke in May, and while he is regaining his strength, he is reportedly having some hearing problems that could affect the upcoming debates....

Millennials’ total net worth has doubled over the past two years, a MagnifyMoney study found. In the first quarter of 2020, millennials had a collective net worth of $4.55 trillion. That figure jumped to $9.38 trillion during the first quarter of 2022 — a 106% increase. In addition, the average millennial’s individual net worth increased from $62,758 to $127,793. By Gabrielle Olya Wealthy Millennials Aren’t Banking on Stocks: Here’s What They’re Investing In InsteadSee: 7 Florida Cities That Could Be Headed for a Housing Crisis...

When the first round of stimulus checks arrived in millions of bank accounts across the country, most of it went right back into the economy. That, according to Forbes, is because 75% of the country’s households were in such dire financial straits that they had to spend the cash as soon as they received it on immediate necessities. By Andrew Lisa Explore: Your Biggest Money Etiquette Questions AnsweredSave More: Back-to-School Tips To Help You Cut Costs...

Researchers are calling 2022 the “year of the travel rebound,” and for good reason. A new TripAdvisor study shows that for people in the U.S., leisure travel abroad intent is up 6 percentage points compared to 2019. By Jenny Rose Spaudo Also: 9 Bills You Should Never Put on AutopayLearn: 15 Cheap, Beautiful Places To Retire But thanks to this increased travel demand — as well as rising fuel costs — the price of plane tickets is quickly escalating, too....

If you’re already a parent, there’s a lot less “unknown” when you’re getting ready to welcome a second, third or fourth child into your family. However, there are still certain things you need to financially prepare for each time a new child joins the family. In this “Financially Savvy Female” column, we’re chatting with Julia Pham, a wealth advisor at Halbert Hargrove who recently welcomed her second child, about what parents should do ahead of welcoming their new addition....

By Levi Leidy Read: 7 Moves Gen Z Should Be Making To Protect Themselves FinanciallyFind Out: What Gen Z Can Learn From Millennials’ Money Mistakes I was one of those kids. When I packed up a UHAUL and drove down to Los Angeles at the age of 19, I thought: This is it. The last time I’ll ever live with my mom. She was crying as I drove away, and I cried a bit too....

Millions of Americans now own and use cryptocurrency, which has taken an incredible journey from the fringes of the investing world to the mainstream. NFTs are still in their infancy, but they exploded in popularity last year as well, as investors and collectors made their moves on what promises to be the next big thing in collectible investing. By Andrew Lisa More people than ever are now aware of crypto and NFTs, but far fewer know what owning and trading them means for their taxes....

The Internal Revenue Service has launched a new feature on their online portal for families receiving child tax credit payments. By Georgina Tzanetos We’re Asking: Are You Actually Spending Your Child Tax Credit Payment? Take Our Poll Tax Implications: Here’s How The Child Tax Credit Could Affect Your 2022 Taxes The update to the online portal allows families to quickly and easily update their mailing address via the already existing Child Tax Credit Update Portal....

By Gabrielle Olya 2021 Small Business Spotlight: Check Out Our Small Business Stories, Plus the Nominated Businesses Near You In this edition of our Small Business Spotlight series, we’re featuring Warrior Goddess Fitness in Elmwood, New Jersey, a boutique fitness studio whose primary focus is on empowering and uplifting women through wellness and fitness. Owned by Hollye A. Richardson, the studio offers a variety of exercise, dance and wellness activities to improve the physical body and psyche while providing women with a sense of safety, pride and fun....

Even before the onset of the pandemic, many American families were struggling to make ends meet. According to a report from the Stanford Center on Longevity and the Global Financial Literacy Excellence Center, 27% of American families couldn’t cover an emergency $2,000 expense within a month, as reported by CNBC. On top of that, 33% were already struggling to pay basic bills in January 2020. By Josephine Nesbit See: How to Save $500 This Month Find: The (Minimum) Emergency Savings Needed in Every State...

Following the fake “major” Litecoin-Walmart partnership announcement yesterday — which briefly sent the crypto surging — GlobeNewswire issued a notice across its service confirming that journalists and other readers should disregard the news release. Since then, GlobeNewswire has placed the blame on a fraudulent user account. By Yaёl Bizouati-Kennedy Take Our Poll: Have Recent Hacks Made You Question Crypto Security?Learn: How Crypto Assets Are Regulated — and How They Are Not...

The Florida Department of Children and Families Office of Economic Self-Sufficiency distributes monthly benefits to Florida SNAP accounts linked to EBT cards. SNAP provides support for low-income seniors, people with disabilities living on fixed incomes and other low-income households. By Josephine Nesbit Learn: Will Food Stamps Increase Because of Inflation?Find: This Credit Score Mistake Could Be Costing Millions of Americans Your Florida EBT card can be used anywhere displaying the Quest logo, which includes most major grocery store chains, some retailers and participating farmers’ markets....

Just as you plan for life insurance policies to cover yourself and your family in the event a loved one dies, it’s also important to plan ahead for Social Security benefits that may be available to you if you are the survivor of someone who was receiving benefits. A survivor can mean the spouse, child or parent of a worker that died. By Georgina Tzanetos See: When Social Security Runs Out: What the Program Will Look Like in 2035 Find: This Is the Average Social Security Benefit for 2022 With Added COLA...

Non-fungible tokens are a popular way to buy and sell digital assets, such as music, artwork, in-game objects and videos, among other things. In 2021, NFT sales reached more than $17 billion. By Andrea Norris About NFT Drops Calendars To Follow Takeaway These digital assets are generally one of a kind, or at least one of a very limited run, and are often bought and sold with cryptocurrency. Ownership is tracked on the blockchain, the same underlying software as many cryptocurrencies....

Before you shop for a home, it’s important to find out just how much you can afford to pay for your monthly mortgage payment. Visiting a lender to get prequalified for a home loan is one of the first things you should do to learn the amount you might be eligible to borrow and the amount you’d owe each month. By Jami Farkas Cash App Borrow: How To Borrow Money on Cash AppFind Out: This Credit Score Mistake Could Be Costing Millions of Americans...

Travel nurses can work virtually anywhere. They are not on any specific hospital or health care company’s payroll, and they work similarly to independent contractors. This means that travel nurses have more flexibility to choose their hours and their salaries, dependent, of course, upon the specific offerings of wherever they choose to fill in and the demand for nursing positions. By Sarah Horvath Average Salary Highest Paid Position How Much Do Travel Nurses Make?...

Earlier this week, the U.S. Chamber of Commerce and the U.S. Chamber of Commerce Foundation launched America Works, a new nationwide initiative which aims to rally industry and government to address worker shortage. The worker shortage is getting worse by the day and poses a threat to America’s recovery, reports the U.S. Chamber. By Josephine Nesbit See: Are There Too Many Workers or Too Many Jobs? It Depends Which State You Call HomeFind: The Financially Savvy Female: 4 Essential Tips for Moms Re-Entering the Workforce...

Playing the waiting game can be frustrating, whether it’s waiting for the next payday, a shipment to arrive or for a dinner delivery to get to your door. By Selena Fragassi See: Can I Draw Social Security at 62 and Still Work Full Time?Find: States Whose Economies Are Failing vs. States Whose Economies Are Thriving But waiting for an employer to get back to you about a job you’ve been interviewing for can be excruciating — especially if your savings are getting low and you really need the work....