The COVID-19 pandemic induced a historic shift to remote work and schooling. However, the change puts those lacking internet access at a sever…
Selling your stocks during a recession could ruin your long-term investment strategy.
Women are paid less than men and are more likely to leave the workforce to take care of loved ones, both of which negatively impact the amount of money they…
Your 401(k) may be your most important retirement savings account, so you need to make it work for you.
Losing income is never easy, but it’s become increasingly common over the last year and a half: According to the Pew Research Center, 44 percent of U.S. adults say their…
An investigation by The Markup has found that lenders in 2019 were more likely to deny home loans to people of color than to white people with similar financial characteristics.
The idea of anything creeping in unnoticed is enough to unnerve the bravest among us. In the world of personal finance, it’s the subtle, sneaking changes in spending habits that…
Parents reported less trouble affording food and paying for household expenses after the first payment was sent on July 15, according to the Census Bureau Household Pulse Survey released Wednesday.
How should borrowers prepare with six months to go?
Beware raiding a retirement plan A big chunk of the money contributed to retirement plans leaks out as hardship withdrawals, cash-outs during job changes or loans that aren’t repaid. A…
The amount of money needed for retirement may surprise you. Source by: Stringr
It’s unsettling when skyrocketing home prices and a meager supply of listings are so prevalent you come to expect — and accept — them with resignation. In the second quarter,…
PennyGem’s Chloe Hurst explains why millions of people are leaving their jobs.
College students take on loans as an investment: Presumably, they’ll graduate and reap the benefits — income that helps them repay that debt and then some. But parents borrow for…
As concerts, vacations and social gatherings resume, it can be easy to overspend on summer fun, especially coming off of a year of quarantine. Creating a budget for summertime and…
The governor also announced plans to allocate an additional $100 million in federal funds to schools
A midyear financial review is often a good idea. This year, it’s almost essential. With people going back to offices, travel resuming and Congress making significant changes to various laws…
Q: My great-grandfather was a farmer and had about 23 acres when he died. My grandfather passed away before my great grandfather. The land was put in a trust for my mother and uncles. My mother passed away two years ago.
The trove of IRS records recently uncovered by ProPublica has confirmed what many have always suspected: Billionaires often enjoy a substantially lower tax rate than the average American. They do…
With interest rates currently at a three-year low, it is clear that home values are on the rise. This makes it a great time to purchase a home — especially for first-time buyers. However, buying a home is no cakewalk; it must be handled with great care, and you must be prepared before applying. Here are a few important tips to get you started in the right direction.
1. Pull your credit report
First, check your credit report. Then, search for a mortgage lender who lends to people with your score. Before filling out the papers for a home mortgage loan, you may want to take a peek into your credit file. Having adverse credit can not only limit the amount the lender is willing to let you borrow, but it can also cause you to pay a much higher interest rate in comparison to someone with average to excellent credit. If you have serious debts on your credit file (such as outstanding loans, bankruptcy, or a high amount of debt), this can stop you from even obtaining...
Renters' Top 8 Biggest Concerns About Buying A Home
'Time' reports that 4 million people say they fear being evicted or foreclosed upon in the coming months.
You may soon receive a letter from the Internal Revenue Service (IRS), but unlike other notices from the agency, you might be thankful to receive this one. That’s because the IRS announced it has started sending letters to more than 36 million families who qualify for the new monthly child tax credit payments. In March, […]
Each passing day brings 43 million federal student loan borrowers closer to resuming the payments that have been paused since March 2020 — and further from the chance that life-changing…
Each passing day brings 43 million federal student loan borrowers closer to resuming the payments that have been paused since March 2020 — and further from the chance that life-changing…
Many Americans don’t save enough for retirement, but it’s entirely possible to save too much — at least according to the IRS. Tax laws limit how much you’re allowed to…