If you are fast approaching your golden years and still have thousands in credit card balances, you might think you are bound for a debt-ridden retirement. But it doesn’t have to be that way. By Bob Haegele Instead of feeling like you are destined for a retirement saddled by debt, work on putting a plan together. With the right approach, it is possible to effectively reduce your debt before you ride off into the sunset....
In the midst of the cryptocurrency craze, a new type of digital asset began making headlines: the non-fungible token, or NFT. Although NFTs have been around since 2014, they became national news in March 2021, when Christie’s auction house sold a piece of digital artwork by Mike Winkelmann, known as Beeple, for a whopping $69 million. By John Csiszar Steps To Make an NFTs About NFTs Create and Sell Fees But this wasn’t even the highest-priced NFT ever sold....
Social media accounts like Facebook, Instagram, Twitter and TikTok are a great option for sharing your personal opinions, latest photos, videos and favorite memes with family and friends, but it is possible to overshare (or share the wrong thing). Unfortunately, these types of missteps can give the wrong impression to any recruiters or employers who view these profiles in connection with your job application. By Cynthia Measom See: 22 Side Gigs That Can Make You Richer Than a Full-Time JobFind Out: 9 Bills You Should Never Put on Autopay...
Inflation has been one of the most pressing money issues plaguing the globe this year. In the U.S., inflation was 7.7% for the 12 months ended October 2022. It’s put a major strain on household finances, and Americans are wondering if relief is in sight. By Casey Bond “Generally speaking, the health of the U.S. economy is strong, but is undergoing a transition from pandemic conditions to post-pandemic conditions,” said Keith Sultemeier, president and CEO at Kinecta Federal Credit Union....
Many holders of premium credit cards have access to concierge services. This is a personalized “white glove” service that helps cardholders make purchases, arrange restaurant reservations, track down concert tickets or find the best tour guide while on a trip. A concierge can also help with any reasonable request to meet personal needs or wants while at home. By Thomas Streissguth Travel Concierge American Express Concierge Chase Concierge Standout Services Reviews Which Is Better Concierges have few limits on the requests they can handle....
The pandemic reshaped the entire concept of higher education in America while doing precisely the same thing to the job market waiting for graduates on the other side. The debate over the necessity of college was nothing new moving into 2020, but when the virus closed campuses, forced virtually all instruction online and exacerbated the burden of student debt, America was once again asking if college was worth the effort and expense....
The trillions of dollars in stimulus money the United States government has poured into the economy over the last year-and-a-half has provided a needed financial lifeline to millions of Americans and businesses hurt by the COVID-19 pandemic, but it might also be a leading contributor to the country’s rapid inflation. By Vance Cariaga See: 4th Stimulus Payment of $1,400 Not Off the Table Entirely Thanks to InflationFind: IRS ‘Math Error’ Notices Soar Due to Stimulus Payments — Are Child Tax Credits Next?...
JPMorgan made a big step into the metaverse, becoming the first bank to open a lounge in Decentraland, in the Metajuku mall. The launch coincides with the bank’s release of a paper on the space, which says that “the metaverse will likely infiltrate every sector in some way in the coming years, with the market opportunity estimated at over $1 trillion in yearly revenues.” By Yaёl Bizouati-Kennedy See: Metaverse Real Estate Mortgages: The Future of Property Investment?...
Elon Musk, the richest person on the planet and recently crowned Time Magazine’s Person of the Year, says he will pay a lot of taxes this year. By Yaёl Bizouati-Kennedy See: How Much Is Elon Musk Worth After Being Named Time’s Person of the Year? Find: Musk, Zuckerberg and Other Execs are Selling Stock at Historic Rates – Should You Be Concerned? “For those wondering, I will pay over $11 billion in taxes this year,” the Tesla CEO tweeted Sunday, Dec....
What Are Secured Credit Cards and How Do They Work? A secured credit card requires individuals to make a security deposit before opening an account. These cards work like traditional credit cards and run on American Express, Discover, Mastercard and Visa networks. By Allison Johnson Secured Credit Cards Features Benefits Competitors Cost 3.9 Sign-up Process 4.8 Bill Payment Process 4.9 Payment Methods 4.9 Pros Earn points with payments Easy sign-up process Streamlined vendor payment process Cons Transaction fee with every transaction No instant international wire transfers All major credit cards accepted The security deposit is held by the credit card issuer and the credit line is equal to the deposit amount....
Financial gurus have long debated the issue of whether renting or owning provides the better bang for your buck. Certainly, owning seems like an attractive option, especially when mortgage interest rates are at low levels. Conversely, renting is still a popular and affordable choice for many people. In fact, 30.6% of U.S. households were renter-occupied in the first quarter of 2021, according to the Census Bureau. By Sylvie Tremblay Discover the pros and cons of renting versus buying a house that can help you determine which option is better suited for you....
Keeping your money in the bank and investing in cryptocurrency are polar opposites when it comes to risk and reward. Whereas bank savings accounts are FDIC-insured and stable in value, cryptocurrency investments have no guarantees and no intrinsic value backing them. By John Csiszar Crypto on the GO: Check out our new crypto hub page for the latest news and features Also See: 6 Alternative Investments To Consider for Diversification in 2022...
Saving and investing are both important, but they serve different purposes. Although everyone wants to earn the long-term average returns of the stock market, the risk makes putting all your money there inappropriate in most cases. By John Csiszar On the other hand, while no one likes losing money, keeping all of your money in an FDIC-insured savings account won’t get you very far toward your long-term financial goals, particularly in the current low interest-rate environment....
There’s a magic number to know that can help you maximize your Social Security income when you are ready to retire. And it’s not the number you might think it is. By Dawn Allcot Check Out: 6 Types of Retirement Income That Aren’t Taxable See: With a Recession Looming, Make These 3 Retirement Moves To Stay On Track Most people know that you can begin claiming Social Security benefits at age 62....
A new bill making its way though Congress is pushing for an end to federal taxes being taken out of Social Security benefits, starting in 2023. Proposed by Rep. Angie Craig (D.-Minn.), the You Earned It, You Keep It Act would eliminate federal government taxes on Social Security payments. By Selena Fragassi Social Security: New Bill Could Give Seniors an Extra $2,400 a YearFind: 7 Surprisingly Easy Ways To Reach Your Retirement Goals...
The U.S. government made big headlines throughout the coronavirus pandemic by sending billions of dollars in direct stimulus payments to Americans. As things stand now, however, it appears those days are over. By John Csiszar See: Stimulus Updates To Know for Spring 2022Cash App Borrow: How To Borrow Money on Cash App But this doesn’t mean that Americans are out of luck for additional stimulus. Individual states are now taking the lead and offering their own stimulus proposals, ranging from direct payments to waivers of certain taxes....
The Supreme Court said it would hear President Joe Biden’s student loan forgiveness program in February, a move the administration called “welcomed.” But meanwhile, the program is paused, leaving millions of borrowers waiting for a decision. By Yaёl Bizouati-Kennedy Student Loan Forgiveness: Federal Court Upholds Ruling That Biden’s Plan is UnlawfulDiscover: Secure Act 2.0 Has the Hidden Benefit of Helping Pay Down Student Loans “We welcome the Supreme Court’s decision to hear the case on our student debt relief plan for middle and working class borrowers this February,” Press Secretary Karine Jean-Pierre said in a statement posted on the White House website....
If you bought personal protective equipment (PPE) — such as masks, hand sanitizer and sanitizing wipes — for the purpose of preventing the spread of COVID-19 in 2021, you may be eligible for a tax break. By Josephine Nesbit See: Avoid Tax Penalties: Today Is Final Deadline for Gig Workers, Self-Employed and Small Businesses To Pay Estimated Taxes Find: Don’t Usually File Taxes? Here’s Why You May Need To PPE expenses for the purpose of preventing the spread of coronavirus are deductible medical expenses, according to the IRS....
By Dawn Allcot Discover: 15 Worst States To Live on Just a Social Security Check More: Cash App Borrow: How To Borrow Money on Cash App Based on the survey, men were more apt than women to cancel plans, with more than 40% of men surveyed saying they had, compared to just 27% of women. Roughly one quarter of men polled were undecided, compared to nearly 29% of the women....
US Bank Cash+ Visa Signature Card Overview The U.S. Bank Cash+ Visa Signature Card is a cash-back rewards card that will allow you to earn 5% cash back in a variety of categories that you can choose from each quarter. But the rewards don’t stop there. You can also earn 5% for prepaid travel reservations made through the Rewards Travel Center and 2% cash back for everyday purchases. And when you spend outside of the 5% and 2% cash-back categories, you’ll still earn 1%....
