EmirMemedovski | E+ | Getty Images Prices are rising, and that has many Americans concerned about their financial outlook for the year. Inflation surged 6.8% in November from a year ago, the fastest pace since 1982, according to the U.S. Department of Labor. People are paying more for everything, from […]
Many Americans aren’t feeling optimistic about their money next year. Fully 26% believe their financial situation will get worse in 2022 and 42% believe it will stay about the same, a survey from Bankrate found. The financial website, through YouGov Plc, polled 2,450 adults Nov. 29-Dec. 1. Respondents lay the […]
So you’ve got plans to max out your 401(k) and your emergency fund is cash-flush. What next? You have plenty of options, many of which we’ve listed below. Wherever you put your money, remember that each type of investment comes with drawbacks. You should understand your risk tolerance and be […]
Pyrosky | E+ | Getty Images It’s the holiday season and that means it’s time to start thinking about who to tip for their services this year — and how much you should give. It’s a way to recognize all they have done for you in 2021. “Especially after a […]
Creditworthiness is crucial. The cornerstone of financial wellbeing rests on integrity, honesty, and trust. A credit score is one such instrument that makes it a whole lot easier to understand one’s financial standing. Although credit scores form a crucial part of one’s financial pocketbook and people go beyond the longest […]
Admit it or not, we all love the rules of law and we love following them. We are bound to live by the rules. They keep society’s sanity intact. But at least once in our life, we have thought of being an outlaw, haven’t we? Life happens—leaving you in the […]
Money has always been a problem, but you’ve been getting by for quite a long time now. Trust us when we say that it has nothing to do with knowing how to manage your money better. You are your own judge, but the way we see it, we all have […]
If you’re struggling with debt, you’ve probably heard promises of quick fixes to wipe the slate clean. As many have unfortunately learned, these promises typically fall flat. The truth is, there is no way to get out of debt without paying off that debt. You may be able to reduce […]
Individual retirement accounts (IRAs) are investment vehicles designed to help you save for retirement. If you have a company-sponsored retirement plan, like a 401(k), IRAs are an important supplement to further boost retirement savings. If you’re self-employed, IRAs are your main tool for saving up the nest egg you need […]
Updated on Monday, August 16, 2021 With the second round of advance child tax credit payments starting to arrive for eligible parents, MagnifyMoney asked payment-related questions to more than 1,000 parents with kids younger than 18. The survey found that 82% of these parents with younger kids think the monthly […]
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