Save your money and keep your cool – Black Friday starts now

Tommy Tindall October is the new Black Friday. At least that’s the impression some retailers give. Target and Amazon are heading into the hot month with big discount events this week and the next in a row. Shoppers may find early sales a good way to do this Saving Money On gifts now. But don’t … Read more

How does the lottery work and is it worth playing? | personal financing

If you are thinking of playing the lottery, you surely know that the odds of becoming a millionaire are not very good. But that doesn’t stop anyone from playing. According to the North American State and Territory Lottery Association, during fiscal year 2019, the year for which the latest numbers are available, lottery sales in … Read more

Want to save $50,000? Raise your credit score

Getting a good deal on a loan or credit card largely depends on the credit score of the borrower. Certainly, this is no secret. What is surprising is the amount of money one can save by successfully boosting one’s credit score for the benefit of domain lenders. Make no mistake, the sooner you do it, … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more

Planning to get Social Security at 62? 3 reasons to wait until age 70

(Adam Levine Weinberg) The big question for Americans nearing retirement is when to apply Social Security benefits. While the US government has set the full retirement age at 67 for people born in 1960 or later, Americans can choose to receive reduced Social Security benefits as early as 62 — or wait past the full … Read more

What Parent PLUS Borrowers Need to Know About Student Loan Forgiveness

Vinart Studio | istock | Getty Images President Joe Biden’s announcement last month that he would allow up to $20,000 in student debt to borrowers will also affect the millions of parents who have borrowed to educate their children. Debt cancellation applies to the so-called MOM PLUS Loans, federal loans that parents can get to … Read more

pairing? How do you know when it’s time to combine your money

Spanish | E + | Getty Images Money may not be your top priority if you’re in love, but it does deserve some serious attention if you want a lasting relationship. A partnership that pools resources and shares expenses can be very good for the relationship and for each other’s financial well-being. However, different spending … Read more

Why Americans shouldn’t panic as the Fed raises interest rates: Finance experts

Americans should stay calm, boost their personal savings and sharply monitor their long-term fiscal plan like the Federal Reserve raises interest ratespersonal finance experts told The Post. The Federal Reserve raised its benchmark interest rate by 0.75% on Wednesday for the third consecutive month. By raising interest rates, the Fed makes it more expensive to … Read more

The surprising truth about the future of Social Security | Smart Change: Personal Finance

(Selina Marangian) Here are some scary headlines you may have come across that give the impression that Social Security is on the way to becoming a thing of the past: “Social Security is expected to be insolvent a year earlier than previously expected” (New York times, 2021) “Why is Social Security running out of money?” … Read more