Category: personal finance

Housing Heat Index: Which State Real Estate Markets Are Doing the Best, Worst During the Pandemic Boom?

By Jeff Ostrowski From Bankrate.com Before the coronavirus recession, Utah’s housing market was on fire. Then came the COVID-19 pandemic, which sent residents of Northern California and Seattle in search of affordable homes and more space, and an already-hot market grew hotter. Dave Robison, past president of the Utah Association of Realtors, sums up the…


House Proposal Will Hike Taxes on Lower- and Middle-Income Americans: Bipartisan Congressional Panel

Taxes will go up for millions of lower- and middle-income taxpayers under the House Democrats’ version of President Joe Biden’s Build Back Better plan, according to two new analyses by the non-partisan professional staff of the congressional Joint Committee on Taxation (JCT). “While Republican tax reform in 2017 cut taxes for all Americans, and increased…


25 Ways to Stop Spending Money and Save for Retirement

Unfortunately, there are no shortcuts when it comes to saving for retirement. Instead, you must do all the small things that can add to a stable post-career life. Reining in spending, keeping costs down, and setting aside extra funds are just some of the intelligent things you can do to grow the money in your nest…


Majority of Americans Fear Soaring Inflation Will Impact Spending Power in Retirement: Poll

The majority of Americans aged 45 to 75 are concerned that soaring levels of inflation may reduce their spending power when it comes to retirement, according to a new survey. The Protected Retirement Income and Planning Study by CANNEX and the Alliance for Lifetime Income was published on July 11 and conducted among 2,025 American consumers aged 45…


The Average Car Payment Is as Much as a Mortgage—How to Afford Your Next Vehicle

By Evan Moore From Charlotteobserver.com Most Americans depend on cars to get around, but recent data shows purchasing a new vehicle may now be out of reach for average earners. The average price of a new car sold in May was $47,148, a $472 increase from the previous month, according to Kelley Blue Book. This coincided…


Keep the Wolf From the Door: Protecting Your Home From Lawsuits

Anytime you own property or a business, there is a possibility that you could face a lawsuit. Someone could become injured on your property, a tree on your property could fall on a neighbor’s house, or creditors could sue you to collect a debt. You can take steps to protect your property and assets from…


4 Expert-Backed Strategies for Improving Your Communication Skills

By Aytekin Tank It happens to the best of us. We’re out at a trendy new restaurant with a friend or colleague we haven’t seen in ages when suddenly, we’re asked a question twice and realize we’ve been glued to our phone for most of the conversation. It’s not a pleasant feeling knowing you’ve unwittingly been…


Money Crunch: What If You Can’t ‘Out-Budget’ Inflation?

Inflation is a nightmare for the many Americans who already stretch their dollars to cover basic needs. What happens when those dollars lose value? Their choice is probably not about whether to cut streaming services or opt for store-brand groceries. Instead, they may have to pick between buying enough food and paying rent. The families…


5 Real Estate Mistakes That Could Make You Lose Money

By Joe Edgar On the surface, real estate investing seems so easy. Passive income, property appreciation, tax benefits, and more. What’s not to like? But the reality of life as a landlord isn’t so rosy. It’s hard work. It takes time, research, and careful study to understand the business. It’s far easier to lose money on a rental…


How To Improve Your Financial Health Score

Physical health is probably the first thing that comes to mind when you hear the word health. This is most likely followed by mental and emotional health. Your financial well-being is an equally important part of wellness. While it’s something that doesn’t require a doctor’s visit, financial health still has a significant impact on your life….