Personal finance
Stressed about credit card debt? Take these steps to help trim high-interest account balances
london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate credit card debt. Millions of Americans of all income levels carry large balances on credit cards that charge very high interest rates. According to Federal Reserve data, the average annual […]
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Single workers, families, retirees: How much cash you need in an emergency fund at every career stage, according to advisors
Nirunya Juntoomma | Istock | Getty Images If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have handy. But the right amount to have in your emergency fund depends on your family’s situation and needs, financial experts say. Still, with […]
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‘I work just 3.5 days a week’: This 28-year old quit his job—now he makes $189,000 a year off 7 income streams
In 2017, after I graduated from college, I started working as an engineer at an oil company. I was 23 and making $98,500 a year. At first, I thought I had my dream job. But after seeing senior leaders work 60-hour weeks with routine travel, I realized that it wasn’t the lifestyle I wanted. My […]
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You might qualify for around $10,000 in local weather incentives from the Inflation Reduction Act. Here is when you can claim them
Investor Toolkit You may qualify for in excess of $10,000 in local climate incentives from the Inflation Reduction Act. Here is when you can claim them Released Sat, Sep 3 20228:00 AM EDT Greg Iacurci@GregIacurci Enjoy Live Resource
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The mounting unemployment amount was ‘the ideal news’ in the August positions report, economist claims. Here is why
Important Details The unemployment charge elevated to 3.7% in August from 3.5% the thirty day period prior, according to the Labor Department’s careers report issued Friday. That improve is mainly attributable to the labor power developing by 786,000 folks, which is an encouraging trend, in accordance to economists. A even larger labor supply is very […]
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‘No one wants to be the state taxing student loan forgiveness.’ Here’s where borrowers may see a bill
dmphoto | E+ | Getty Images There’s good news if you’re eligible for student loan forgiveness: It won’t trigger a federal tax bill. And while some may still owe state taxes, it may be fewer borrowers than expected. It depends on whether and when states conform to federal tax laws, including the American Rescue Plan […]
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Car shopping over Labor Day weekend? Here’s what to expect for both new and used car prices
Newsday Llc | Newsday | Getty Images In pre-pandemic years, Labor Day sales events offered generous discounts on new cars as dealerships aimed to clear out current-year models and start selling the next year’s versions. These days? Not so much. The average new-car discount offered by manufacturers is down an estimated 47.1% from a year […]
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Americans have ‘tip fatigue’ — post-pandemic, diners are less inclined to tip generously for takeout
At the Sweetly Bakery & Cafe in Battle Ground, Washington, near Portland, Oregon, customers seem to be feeling a little less generous lately. With inflation near record highs and consumers increasingly cash-strapped, a gratuity isn’t what it used to be. “Since everything got more expensive, we’ve seen a decline in tipping,” said Sweetly’s owner, Irina […]
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Despite recession fears, most 401(k) investors haven’t changed their portfolios. Here’s what advisors suggest
Morsa Images | E+ | Getty Images Many investors worry a recession is coming amid rising interest rates, high inflation and stock market volatility. But the majority haven’t changed their portfolios, according to research from Fidelity Investments. Only 5% of 401(k) and 403(b) investors shifted asset allocations during the second quarter of 2022, the report […]
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Id scams are at an all-time high. Here are strategies to safeguard by yourself
Important Details Identity crime and attempted fraud jumped by 36% in 2021 relative to 2020, in accordance to the Identity Theft Useful resource Heart. Theft linked to authorities rewards like unemployment and to social media accounts had been amongst the most widespread id scams. Below are some approaches consumers can shield by themselves from identity […]
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