Category: personal finance

How Much Should You Earn from Your Side Hustle?

A side hustle can help you turn around a difficult financial situation. Whether you are looking to pay off debt, improve your retirement savings, or are looking to pad your cash flow to retire early, it may be possible with a side hustle. A recent Bankrate survey found that the average side hustler brings in $8,000 per…


Retirement Gifts for Women

She deserves to celebrate her retirement. ‌She can relax and do the things she has always wanted to do but never have time to do. Due to this fact, these gifts are the perfect way to get her started on this exciting new journey. 1. Clever Yoga Starter Kit Is a family member, friend, or workplace interested in…


Elon Musk Weighs In on ‘87,000 New IRS Agents’ With Ironic Message to Democrats

Billionaire tech mogul Elon Musk posted an ironic message on Twitter mocking Democrats’ efforts to give the Internal Revenue Service (IRS) an $80 billion cash injection amid swirling fears the money might be used to hire legions of tax auditors that would target middle-income Americans with audits. “When the country that revolted over taxes hires…


Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 11)

Benchmark U.S. crude oil for September delivery rose $2.41 to $94.34 a barrel Thursday. Brent crude for October delivery rose $2.20 to $99.60 a barrel. Wholesale gasoline for September delivery was unchanged at $3.07 a gallon. September heating oil rose 7 cents to $3.48 a gallon. September natural gas rose 67 cents to $8.87 per…


What Medicare Part A’s Belly-Up Date Means for You

At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its thumbs. Here’s what you should know. What…


The Secret Online World Trying to Exploit Your Accounts

It seems that every other week there is a news story about some company’s servers being hacked, exposing our personal information. The most egregious hacks are well publicized, like last year’s Equifax breach that exposed the personal information of virtually every American with a credit history. But our Social Security numbers are not the only thing…


US Jobless Claims Jump To Their Highest Level In 9 Months

Initial jobless claims in the United States rose for a second week to the highest level since Nov. 26, 2021, indicating a contraction in the labor market, according to the U.S. Labor Department on Aug. 11. Applications for unemployment claims climbed by 14,000 to 262,000 from 248,000 in the week ended Aug. 6, after being…


A Look at Surging U.S. Rents

Part I of a series Moving to a new city and searching for a place to live can be challenging. Home prices are high, and interest rates are climbing. As a result, many people are turning to rental properties to wait it out. Rental properties are a casualty of high interest rates and skyrocketing home…


Grocery Inflation Hits Highest Level in 43 Years Despite Biden’s ‘Zero’ Inflation Messaging

While the annual pace of inflation in the United States eased slightly in July, a deeper dive into the numbers reveals that some of the categories that hit everyday Americans especially hard in the pocketbook have soared, with the price of groceries jumping to the highest level since 1979. The Bureau of Labor Statistics (BLS)…


Millennial: When Is It OK to Be Selfish With Money?

Amid rising inflation, interest rates and recession worries, money is getting tighter for many folks—and probably for you. Yet there may be charitable organizations you want to support, friends, or family asking for financial help and things you want to buy for yourself. It’s possible to do these things even on a limited budget. But…