Category: Education

Recent News
June 13, 2024
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Mint, the popular budgeting app, shut down on March 23, 2024. In its initial press release, Intuit — the parent company of Mint — invited Mint users to transition to another Intuit service, Credit Karma. Although Credit Karma offers numerous...

June 4, 2024
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Job openings fell in April to their lowest level since February 2021 as the labor market shows further signs of cooling off from the hiring boom that followed the US economy reopening after the pandemic. New data from the Bureau...

May 30, 2024
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Consumer confidence unexpectedly rose in May, ending three straight months of declines as Americans cheered a resilient labor market. The latest index reading from the Conference Board was 102, above 97.5 in April and higher than the 96 economists surveyed...

May 23, 2024
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Fixed mortgage rates have dropped for two consecutive weeks, according to Freddie Mac. However, experts have released their latest rate forecasts over the last few days — and despite two weeks of decreases, economists’ longer-term outlooks are becoming less positive....

May 16, 2024
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This popular strategy could simplify your budget and help you stay on track. If you have a complicated relationship with budgeting, the 50/30/20 rule could help. Rather than breaking down your monthly spending into dozens of tedious categories, this budgeting...

May 2, 2024
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While many Americans struggle to save for retirement, the top 1% amass significant nest eggs. This raises the question: How much do they save, and how does it compare to the national average? Data from DQYDJ, using Federal Reserve statistics,...

April 30, 2024
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If you use a credit card, you’re more like millionaires than you may think. Although most adults have credit cards, millionaires are even more likely to use them. According to the Federal Reserve, almost all adults with incomes over $100,000...

April 25, 2024
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Americans haven’t been stashing money into their savings accounts like they used to, according to government statistics. That’s part of the reason why consumer spending has been so robust since the economy ascended from pandemic depths, despite high inflation and...

April 18, 2024
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Americans’ “magic number” savings goal for retirement has increased by over 50% since 2020. But experts say the secret to building true wealth is having a high savings rate. When it comes to retirement, Americans have a new number in...

April 16, 2024
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Americans plagued by surging prices over the past 20 months continue to face strain as the cost of everyday necessities remains elevated following a hotter-than-expected inflation reading in March. The Labor Department said Wednesday that the Consumer Price Index (CPI),...

April 9, 2024
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As car prices moderate from a pandemic-era surge, insurance has pushed the cost of car ownership to the brink for many Americans. New data out on Wednesday from the Bureau of Labor Statistics showed auto insurance costs last month were...

April 2, 2024
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Inflation has crept into every part of Americans’ lives, including how much they now think they need to retire comfortably: a record $1.46 million, a study released on Tuesday said. That’s a 53% surge since the $951,000 target Americans reported...

March 14, 2024
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When you’re planning for taxes, it’s helpful to know both your marginal tax rate and your effective tax rate. Marginal tax rate is the percentage you pay in taxes on the last dollar you earn, while effective tax rate is...

March 7, 2024
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The mood was practically giddy when the heads of two regional banks hosted a town hall in the spring of 2021. The industry’s long drought in mergers was ending, and two lenders below the public’s radar, New York Community Bancorp...

February 29, 2024
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Tech ETFs saw massive inflows of over $17 billion last year, according to VettaFi. However, Financial Futurist Dave Nadig, says many are “overdone” in mega-caps like Nvidia (NVDA) and Meta (META) which drive gains. He warns of “concentration risks,” noting...