Want to know how to save money even if you feel like you don’t make enough, or are flat-out broke? Here’s what to do: Depending on your financial situation, setting up a workable Conscious Spending Plan may seem out of reach for you. Some people have already cut their spending to the bone and still […]
Author Archives: lvnlegend19
You may have heard about “robo-advisors” like Betterment and Wealthfront. Robo-advisors are investment firms that use computer algorithms to invest your money (“robo” refers to a computer investing for you versus an expensive adviser). You’re probably wondering if they are a good investment and if you should use one. As a NYT best-selling author on […]
FabrikaSimf / Shutterstock.com The Social Security system of retirement benefits, begun in 1935, are a crucial underpinning of life for American retirees. For most people over 65, it’s undoubtedly hard to imagine life without this retirement benefit. About half of Americans 65 or older live in households that depend on Social Security benefits for half […]
Phovoir / Shutterstock.com How poor do you have to be before you’re in poverty? The answer is important because many social welfare programs determine eligibility by some measure of poverty — often based on the federal poverty guidelines. These include the Medicaid health insurance program and the Supplemental Nutrition Assistance Program (SNAP), which was previously […]
Dean Drobot / Shutterstock.com The income thresholds that trigger some important taxes are changing in 2023, the IRS has announced. The agency is making the changes to account for inflation. The moves will mostly impact wealthy taxpayers, although some folks in the middle class also likely will benefit. Following are definitions of the three key […]
Cineberg / Shutterstock.com Editor’s Note: This story originally appeared on Construction Coverage. After slowing down at the beginning of the pandemic, the construction industry has bounced back, spurred on by the housing market boom. Construction employment reached 7.7 million in August, surpassing pre-COVID-19 levels, and nearly matching peak construction employment in 2006. With the signing […]
Aaron Freeman / Money Talks News What if you could live in your home while someone else pays the mortgage? That’s the idea behind house hacking. House hacking refers to living in a home or multi-unit property while renting out part of it. Dedicated house hackers say it’s a great way to lay the foundation […]
Kues / Shutterstock.com Millions of Americans are job hunting during their 50s, 60s and beyond. Some of these seniors are looking for a job because they love to work. Others are sending out resumes for reasons ranging from pink slips to financial need. Seniors can be attractive job candidates. Many potential employers value older workers […]
Krakenimages.com / Shutterstock.com If you’re the type who insists on the safety of bank money market accounts and certificates of deposit, your time has finally arrived. After years of waiting, you’re earning more than a pathetic pittance on your savings. But there’s a simple way to earn even more without taking on more risk: investing […]
fizkes / Shutterstock.com Editor’s Note: This story originally appeared on Point2. Remote work is now more common than ever — a simple convenience born of a very inconvenient pandemic. While there are many more remote work opportunities than ever before, there’s much more competition for these jobs. Experience is important in an office or online. […]