Biden just shortened the timeline to student loan forgiveness for these borrowers
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
Holiday debt: How to pay down your expenses
Consumer finance expert Andrea Woroch breaks down how to address any spending debt that has been accumulated over the holidays.
Consumer finance expert Andrea Woroch breaks down how to address any spending debt that has been accumulated over the holidays.
Got student loan debt? Here’s how to get up to $2500 tax deduction
According to the IRS, you may be able to deduct a portion of student loan interest from your taxable income — up to $2,500. Find out if you qualify.
According to the IRS, you may be able to deduct a portion of student loan interest from your taxable income — up to $2,500. Find out if you qualify.
Gas prices dip as holiday season ends: AAA
The national average for a gallon of gas edged down slightly this week. Pump prices have declined due to weak gas demand and an uptick in supply.
The national average for a gallon of gas edged down slightly this week. Pump prices have declined due to weak gas demand and an uptick in supply.
How to build wealth by age
It's getting harder for Americans to manage their money and savings but there are a few things you can do, depending on your age
It's getting harder for Americans to manage their money and savings but there are a few things you can do, depending on your age
Paid leave for Illinois workers goes into effect today.
Illinois employers must offer workers paid time off based on hours worked, with no need to explain the reason for their absence as long as they provide notice in accordance with reasonable employer standards.
Illinois employers must offer workers paid time off based on hours worked, with no need to explain the reason for their absence as long as they provide notice in accordance with reasonable employer standards.
9-year-old becomes investment whiz
A 9-year-old girl in Utah is using an app on her phone to learn about saving and investing. Her family is hoping this is something that will stick with her for the rest of her life.
A 9-year-old girl in Utah is using an app on her phone to learn about saving and investing. Her family is hoping this is something that will stick with her for the rest of her life.
Money coach dishes out tips you can cash in on in 2024
Vince Hollerman lays out several pointers for saving money in the New Year without all the added hassle.
Vince Hollerman lays out several pointers for saving money in the New Year without all the added hassle.
New tax brackets for 2024 ? what to know
The new year is almost here, and with it comes a number of changes. That includes some new?and higher?federal income tax brackets and standard deductions. As Madeline Rivera reports, they could potentially give Americans the chance to up their take-home pay and shield more of their finances from the IRS.
The new year is almost here, and with it comes a number of changes. That includes some new?and higher?federal income tax brackets and standard deductions. As Madeline Rivera reports, they could potentially give Americans the chance to up their take-home pay and shield more of their finances from the IRS.
Money saving expert Andrea Woroch reveals key tips for financial success in 2024
2024 is coming at us fast and many Americans are hoping to get their finances in a better spot during the new year. Money saving expert Andrea Woroch joined Good Day Chicago on Thursday to share a few tips on how you should be planning out your financials.
2024 is coming at us fast and many Americans are hoping to get their finances in a better spot during the new year. Money saving expert Andrea Woroch joined Good Day Chicago on Thursday to share a few tips on how you should be planning out your financials.
EV revolution: Study reveals hidden costs of electric cars; critics call it misleading
In Tuesday's Business Watch, a new report shows that electric vehicles are costing Americans big bucks even if they don't own one. William La Jeunesse takes a look at the impact of hidden subsidies and fees.
In Tuesday's Business Watch, a new report shows that electric vehicles are costing Americans big bucks even if they don't own one. William La Jeunesse takes a look at the impact of hidden subsidies and fees.
Holiday TV shopping guide: Buying tips for gamers, streamers and everyone in-between
For those who are looking to buy a new TV for the holidays, you might be in a bit of a bind right now. With Christmas just five days away, you need to figure out which one is right for you and fast.
For those who are looking to buy a new TV for the holidays, you might be in a bit of a bind right now. With Christmas just five days away, you need to figure out which one is right for you and fast.
Holiday TV shopping guide: Buying tips for gamers, streamers and everyone in-between
For those who are looking to buy a new TV for the holidays, you might be in a bit of a bind right now. With Christmas just five days away, you need to figure out which one is right for you and fast.
For those who are looking to buy a new TV for the holidays, you might be in a bit of a bind right now. With Christmas just five days away, you need to figure out which one is right for you and fast.
These are the most affordable cities to buy a home in 2024: Realtor.com
Realtor.com released the top 100 ranking metros for 2024, including affordable markets in the Northeast and Midwest such as Toledo, Ohio, and Rochester, New York, alongside several Southern California markets.
Realtor.com released the top 100 ranking metros for 2024, including affordable markets in the Northeast and Midwest such as Toledo, Ohio, and Rochester, New York, alongside several Southern California markets.
How to avoid gift card scams this holiday season
If you're buying a gift card for someone as the holidays near, be sure to follows some simple steps to avoid getting scammed.
If you're buying a gift card for someone as the holidays near, be sure to follows some simple steps to avoid getting scammed.
Here's who may qualify for $10,000 in student debt relief under Biden's new forgiveness plan
The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.
The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.
'Buy Now, Pay Later' fueling holiday season
Many people are turning to Buy Now, Pay Later programs.
Many people are turning to Buy Now, Pay Later programs.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
Year-end money moves to lessen your tax bill this spring
Elizabeth Buffardi with the Illinois CPA Society joins Good Day Chicago this morning to show how you can make important year-end money moves that could gift you a smaller tax bill.
Elizabeth Buffardi with the Illinois CPA Society joins Good Day Chicago this morning to show how you can make important year-end money moves that could gift you a smaller tax bill.