Category Personal Finance

Wall Street saw gains on Monday, with the S&P 500 and Dow Jones Industrial Average reaching new record highs as technology stocks rallied ahead of a week filled with corporate earnings reports and key economic data. Trading volume was lighter…

Social Security is a vital program that provides financial stability to retirees, individuals with disabilities, and survivors, ensuring that millions of Americans can afford basic necessities such as housing, food, and medical care after leaving the workforce. this individual support,…

A recent analysis by the Cato Institute has ranked all 50 U.S. states based on fiscal policy, evaluating factors such as government spending, revenue collection, and taxation. Iowa, under Republican Gov. Kim Reynolds, topped the list, while Minnesota, led by…

The upcoming announcement from the Social Security Administration (SSA) regarding the 2025 Cost-of-Living Adjustment (COLA) is highly anticipated, especially among retirees. This announcement, expected after the release of September’s inflation data on October 10, will not only outline potential benefit…

The recent end of the Social Security spousal rule has significant implications for couples planning their retirement benefits. This rule allowed spouses to optimize their Social Security benefits by switching between their own benefits and their spouse’s to maximize payouts.…

Using Buy Now, Pay Later (BNPL) plans to pay for groceries might seem unusual, but a recent report from the Urban Institute reveals that many U.S. households are increasingly relying on various forms of debt to cover essential living expenses.…

It’s been a while since 30-year mortgages were available at rates below 3%, but recently, there’s been a downward trend. As of October 10, the average 30-year mortgage rate stood at 6.32%, a significant decrease from 7.79% in February 2023.…

A council is considering doubling council tax on second and empty homes, citing their “negative impact” on housing availability. Cabinet members of the Forest of Dean District Council voted unanimously to recommend that the full council approve the proposal in…

A new study from Achieve highlights the fragile state of household finances in the U.S. It shows that 42% of consumers see their primary bank account fall below $50 at least once a month, and 30% lack a financial cushion…

November brings some positive updates for eligible Social Security recipients. While there won’t be any extra payments or bonuses this month, some individuals will get their benefits earlier than usual. Payment Schedule The Supplemental Security Income (SSI) payment is set…