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A move by the Consumer Financial Protection Bureau to crack down on credit card late fees could save consumers billions of dollars a year, but it might not happen for a while. By Vance Cariaga Cash App Borrow: How To Borrow Money on Cash AppFind: 9 Bills You Should Never Put on Autopay On Wednesday, the CFPB issued an Advance Notice of Proposed Rulemaking seeking information from card issuers, consumer groups and the public on late fees....

Earning cash back has long been the leading choice for the average U.S. consumer. But now, a survey signals a new challenger, as the growing ubiquity of crypto is shifting consumer behavior. By Yaёl Bizouati-Kennedy See: Netflix & Cash Back: These Credit Cards Reward You for Your Streaming Subscriptions Find: Best Chase Cash Back Credit Cards The “Bakkt Loyalty and Rewards 2022 Outlook Study” finds that 72% of Americans who purchased crypto at least one time in the past six months are likely to redeem loyalty points for cryptos....

Many states have already sent out tax rebates, relief checks or stimulus payments to their residents to aid in the fight against the enduring high costs of goods and inflation. By David Nadelle California Colorado Delaware Florida Georgia Hawaii Idaho Illinois Indiana Maine Massachusetts Minnesota New Jersey New Mexico New York Pennsylvania South Carolina Virginia See: Here’s How Much Americans Have in Their Savings Accounts in 2023Read: With a Recession Looming, Make These 3 Retirement Moves To Stay On TrackDo You Have a Tax Question?...

The Supplemental Nutrition Assistance Program (SNAP) supplements the food budget of low-income households via an Electronic Benefits Card (EBT). But can you use your EBT card to purchase food at restaurants, like Taco Bell? By Josephine Nesbit Food Stamps: What Is the Maximum SNAP EBT Benefit for 2023?Find: 3 Ways Smart People Save Money When Filing Their TaxesDiscover: 11 Grocery Items To Buy at Dollar Tree The U.S. Department of Agriculture oversees the handling of SNAP benefits and sets the guidelines for eligibility — and what you can and can’t buy with your EBT card....

Savings-conscious shoppers know that dollar stores often serve up the best deals on everyday household items. And coming this Thanksgiving, one of the nation’s biggest variety stores will be offering up savings when many of its competitors will be closed. By David Nadelle Dollar Tree: 5 High-Quality Items To Buy NowFind: If Your Credit Score Is Under 740, Make These 4 Moves Now Although most major American retail stores will be closed on Thanksgiving Day to give shoppers and workers time to spend with their families, a few have already announced plans to remain open....

Teens and young adults are losing interest in Facebook, according to the social media platform’s internal research. “Time spent” for U.S. teenagers on Facebook was down 16% year-over-year and young adults were spending 5% less time on the social network. The number of young adults on Facebook in the U.S. has declined 2% since 2019 and is expected to fall an additional 4% over the next two years, Bloomberg reported....

The G7 reached a “historic commitment” regarding the global tax system last week, part of which would seek to rectify large tech companies’ corporate tax avoidance via tax havens. By Yaёl Bizouati-Kennedy “We need a tax system that is fair across the world. We endorse the historic commitment made by the G7 on 5 June,” the G7 said in a statement. “We will now continue the discussion to reach consensus on a global agreement on an equitable solution on the allocation of taxing rights and an ambitious global minimum tax of at least 15 per cent on a country-by-country basis, through the G20/OECD inclusive framework and look forward to reaching an agreement at the July meeting of G20 Finance Ministers and Central Bank Governors....

Following the retail extravaganza of Black Friday and Cyber Monday comes Giving Tuesday. Retirees inclined to participate by donating to charity on this “holiday” should be mindful of ways their gifts can qualify them for a tax break. By Nicole Spector See: Retirement Planning Mistakes That Will Haunt You for YearsFind: 5 Things You Must Do When Your Savings Reach $50,000 Those who are 70½ or older should consider donating directly from their traditional IRA account....

It’s International Cat Day, so feline-loving folks all over the world are celebrating their kitties. If you’re one of them, and your cat isn’t sitting on your keyboard in front of your screen right meow, read up on today’s top financial stories. By Gary Dudak The Big Lead: 5 Social Security Secrets You Should Know Here’s a look at some facts about Social Security that experts think people need to know about the program, but often don’t....

Google’s annual employee survey — dubbed the “Googlegeist” — reveals that workers at the company are increasingly dissatisfied with their compensation. By Yaёl Bizouati-Kennedy See: 5 Job Factors That Are More Important Than CompensationFind: Is Work-Life Balance Worth a Pay Cut? One-Third of Workers Thought So During Pandemic CNBC reported that only 46% of the respondents said their total compensation is competitive compared to similar jobs at other companies, down 12 points from a year earlier....

When it comes to real estate, a new trend is emerging showing that people are preferring to stay home and invest in their current property than move. To do so they are tapping into the value they’ve built in their home with a new home equity line of credit (HELOC) or home equity loan in order to make improvements and reinvest more than ever in recent memory. By Selena Fragassi See: How Much Cash To Have Stashed at Home at All TimesZelle Facebook Marketplace Scam: How To Recognize and Avoid This Scam...

In a year of skyrocketing inflation, the last thing consumers want is to pay extra for hidden costs stuck inside their bills. But that’s what’s happening — to the tune of nearly $1,000 a year per household, according to a new report from mobile pay service Doxo. By Vance Cariaga Holiday Spending: Get Top Holiday Shopping and Savings TipsSee: 3 Easy Tips to Turn Your Credit Woes into Wows The report, titled “The Hidden Costs of Bill Pay — 2022,” found that each year, U....

Traveling for the holidays can be stressful, and COVID-19 only makes things more complicated. With breakthrough infections and the worry that we can spread the virus to our unvaccinated loved ones, many of us are putting off booking our holiday travel. By Bob Haegele See: Will Travel See Another Halt Until 2022?Find: Is It Better To Use a Travel Agent or Plan Your Own Vacation? If that sounds like you, then you may be wondering how long is too long to put off booking those flights....

It’s no secret that car ownership is expensive. From fuel to maintenance and insurance, cars can cost you big bucks long after you’ve paid them off. Despite the high costs though, the average household in the U.S. had 1.88 cars in 2017, up slightly from 1.86 in 2009. By Bob Haegele See: 40 Cheap Upgrades That Will Make Your Car Feel Like a Luxury VehicleLearn More: The 29 Biggest Car Mistakes That Will Cost You...

In 2017, Jordan Peele got out of his comfort zone as an actor and comedian and shook the world with his directorial debut of the horror movie, “Get Out,” which was a box office and critically acclaimed success. By Katherine Hoey See: How Rich is Jennifer Hudson? Find:10 Highest-Paid Movie Roles of All Time Three years later, the film writer and director went on to direct his second horror film, “Us,” with both films bringing in a collective $510 million in box office sales....

The Weeknd, born Abel Makkonen Tesfaye, is a Canadian singer, songwriter and producer with a net worth of $200 million, according to Celebrity Net Worth. By Dawn Allcot Find Out: 65 Splurges of the Filthy Rich The Weeknd Net Worth: $200 Million He launched his musical career in 2010 on YouTube, releasing three songs that were initially rejected for an R&B album produced by Jeremy Rose, according to WealthyGorilla.com. One year later, he released a mixtape....

If you’re shopping around for your first credit card, congratulations — and beware. You’re about to start a journey that will influence what you can buy, where you can live, and what jobs you can get for the rest of your life. If you make a mistake, don’t panic. You’ll have plenty of time to bounce back — but do take it seriously. By Andrew Lisa Understand What You’re Getting Into Lay The Groundwork Get a Credit Card Without a Credit Score Your First Chance To Start Strong Generation Z: The Future of FinancesLearn More: Gen Z Has Strong Opinions on Capitalism – Do Experts Agree?...

One of the main topics at the COP26 climate summit taking place in Glasgow, Scotland is how to lessen the world’s dependence on oil and other fossil fuels as a way of cutting carbon emissions and offsetting the effects of climate change. By Vance Cariaga See: Here’s How Much You’d Save on Gas With a Tesla and Other Electric CarsFind: 15 Environmentally Sustainable Cryptocurrencies To Invest In Right Now As CNN reported on Sunday, the United Nations’ climate goal of limiting global warming to 1....

This Episode Becoming a millionaire while inflation continues to keep the world in its stranglehold seems to be a dream far out of reach. However, it’s not completely unattainable. Twenty-two million Americans fall under the millionaire umbrella according to a 2021 study by Credit Suisse. Being a millionaire isn’t as rare as many may think, but getting to that financial status takes hard work, planning and some personal sacrifices. By Amen Oyiboke This Episode Where Else You Can Listen About the Show Our Host In this episode of the “Live Richer Podcast with Jaime Catmull,” Andy Hill, founder of the Marriage, Kids and Money Podcast, discusses the things he did to pay off his mortgage by age 35 and become a millionaire in 10 years while still having debt....

Lumber prices took another dip, falling by more than 50% over the past few months. However, CNBC reported that homeowners, homebuilders and homebuyers hoping to renovate aren’t seeing any savings. Lumber prices reached an all-time high May 7, at $1,670.50 per thousand board feet on a closing basis. According to CNBC, this was six times their low during the pandemic in April of last year. By Josephine Nesbit See: Lumber’s Losses Could Be a Sign of an Improving EconomyLearn: 7 Easy Home Renovations for $5,000 or Less...