Category: personal finance

8 Easy Side Hustles in 2023

It turns out that when the going gets tough, the tough take on side hustles. According to an Insuranks survey from 2022, 93 percent of Americans have a side job. And their most common reasons for getting into the gig economy aren’t surprising: earning cash and paying bills. Inflation is high, after all, and every…


How to Take Control of Your Financial Destiny, from Money Expert Jaspreet Singh

As a child of immigrants, Jaspreet Singh grew up thinking that success meant being a doctor or a lawyer. But while attending college and law school, the true meaning of success changed for him—when he experimented with launching several businesses, including an event planning company, and discovered a penchant for entrepreneurship. But after he was…


Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 20)

Benchmark U.S. crude oil for February delivery rose 98 cents to $81.31 a barrel Friday. Brent crude for March delivery rose $1.47 to $87.63 a barrel. Wholesale gasoline for February delivery rose 5 cents to $2.65 a gallon. February heating oil rose 9 cents $3.47 a gallon. February natural gas fell 10 cents to $3.17…


Spending: Health Care Bargains Abroad

By Emma Patch From Kiplinger’s Personal Finance Breana Williams, 28, of Fresno, California, has comprehensive health care coverage, but when she began looking into fertility treatments to start a family, she was floored by the out-of-pocket cost. So while some friends in her shoes started seeking a job at a U.S. company offering to offset…


How to Plan for Saving Money Each Month

What are your plans for your retirement years? According to the 2022 Transamerica Retirement Survey, the top two retirement goals are “traveling” and “spending more time with family and friends.” But to reach those goals, you’ll need to know how to plan for saving money. Unfortunately, over half (55 percent) of Americans admit they’re behind…


Are Resort Fees Ever Worth It?

The Andaz Maui at Wailea Resort, a Hyatt resort on 15 beachfront acres in Hawaii, is far from a place to sleep. There are multiple pools, including a lagoon and three infinity pools. As part of the resort fee, you can also take a stand-up paddleboarding course, use the resort’s snorkel equipment and GoPro action…


Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 19)

Benchmark U.S. crude oil for February delivery rose 85 cents to $80.33 a barrel Thursday. Brent crude for March delivery fell $1.18 to $86.16 a barrel. Wholesale gasoline for February delivery rose 8 cents to $2.60 a gallon. February heating oil rose 12 cents $3.38 a gallon. February natural gas fell 3 cents to $3.28…


No Relief on Taxation of Social Security Benefits

By Joy Taylor From Kiplinger’s Personal Finance Question: Given the high rate of inflation, does that mean the income limits for avoiding taxes on Social Security benefits will be going up now? Answer: Although many income-tax breaks and income levels are indexed to inflation each year, some important ones are not. And taxation of Social…


Goldman Economist Says US Layoffs Were Far Higher Than Labor Department Reported

The U.S. Labor Department’s job openings report may have overlooked a recent upturn in layoffs, according to new research from Goldman Sachs. Goldman economist Manuel Abecasis stated in a report that available job openings in the United States have declined by a large margin without a boost to the official unemployment rate. Abecasis says that…


Cancel the IRS? We Can Only Hope

Commentary While I can’t say I’m supportive of cancel culture, I am incredibly supportive of cancel culture when it is directed at the IRS. Recently the 118th Republican-led Congress introduced “The Family and Small Business Taxpayer Protection Act.” If successful, the bill would abolish the IRS, replacing the income tax (and the income tax code)…