Fed prepared to raise interest rates if inflation continues to surge
The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.
Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending
Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.
Democrats push Biden to cancel student loans after House passes Build Back Better
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows
Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.
Getting life insurance while you're young and healthy can save you thousands
The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.
Need cash for holiday shopping? Here are 3 ways to borrow strategically
If you need to borrow money for the holidays, read this guide to learn more about your loan options.
College costs have risen at nearly 5x the rate of inflation, report finds
The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.
Student loan payments restart in February, but survey finds 89% of borrowers aren't ready
About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.
Build Back Better expands EV tax credit with $12.5K incentive on American-made electric cars
The Biden administration's trillion-dollar spending plan offers enhanced incentives for EV buyers who purchase a car through a domestic automaker.
The risks of using buy now, pay later to finance holiday shopping on Black Friday
Buy now, pay later apps let you break up larger purchases into a short-term repayment schedule. But there are a few things you should know before you use them to finance holiday shopping.
Social Security 2022 benefits payment schedule – when to expect your checks
Social Security released its 2022 calendar showing the dates of benefit payments for the year.
How homeowners can keep their mortgage interest rate low amid a rising environment
Mortgage rates are on the rise, and may not be coming back down. But homeowners can still take steps to keep their rates low.
Sallie Mae study shows 44% of families didn't utilize scholarships to pay for college in 2021: Here's why
Families are not utilizing scholarships, despite many that are available to them. Here are the available options and top reasons families don't apply.
Student loan borrowers begin to receive $2B worth of forgiveness under PSLF waiver
The Biden administration's temporary PSLF waiver will make it easier to have their federal student loans forgiven.
Social Security payment increases may be offset by these 5 expenses
Those receiving Social Security benefits could struggle to meet basic needs in the year ahead. Here are the top five expenses they could struggle with.
Social Security benefits see highest boost in 40 years, but inflation is higher
Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.
Rising child care costs forced 38% of parents on take on side gigs, survey says: How you can afford expenses
Risings child care costs are forcing many parents to reconsider how to afford it. About 38% of parents even reported taking on a second job. Here's how to afford childcare expenses.
This Social Security statement change could simplify your retirement planning
The Social Security Administration will be sending out newly redesigned statements that helps Americans better understand and maximize their benefits.
Higher educational achievement increases homeownership chances, study shows
A new study shows that higher education is helping millennials become homeowners, even amid rising student debt.