Category: personal finance

How to Find the Right Electric Vehicle

By Rivan Stinson From Kiplinger’s Personal Finance Car buyers have had a tough go looking for their next road warrior. Inventories are low due to supply-chain troubles, which means prices for new and used cars have skyrocketed thanks to increased demand. If you add in the gas price hikes that dominated summer news headlines and…


List of Careers in Banking and Finance

Around 8.56 million people were employed in the financial services industry as of May 2021. According to the Bureau of Labor Statistics, around 6.4 million people were employed in the banking services industry in 2019. The major share of jobs in the banking and finance sector was financial managers, tellers, and credit counselors. In terms…


Use of ‘Buy Now, Pay Later’ Financing Increasing

Sales during Cyber Monday 2022 were $11.3 billion. That’s a 5.7 percent increase from 2021. It also outperformed Black Friday 2022. And even though many of those cyber sales were funded by credit cards, and “buy now, pay later” (BNPL) financing played a big role—it was up 88 percent week over week. This particular financing…


Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 8)

Benchmark U.S. crude oil for January delivery fell 55 cents to $71.46 a barrel Thursday. Brent crude for February delivery fell $1.02 to $76.15 a barrel. Wholesale gasoline for January delivery fell 3 cents to $2.05 a gallon. January heating oil rose 10 cents to $2.88 a gallon. January natural gas rose 24 cents to…


Will Forgiven Student Loan Debt Be Taxable?

By Kelley R. Taylor From Kiplinger’s Personal Finance Question: I’m hopeful that my student loan debt will be forgiven if President Biden’s plan makes it through court challenges. But if it does, am I going to be hit by a tax bill? Answer: That depends on where you live. Student loan debt that’s canceled under…


Personal Finance Management Course

In a time of global financial turmoil when countries such as the United States are facing some of the biggest financial crises since the Great Depression of the 1930s, the significance of personal finance literacy has never been greater. In a study released by Milken Institute this year, just around 57 percent of the U.S….


A Church Car? You’ve Got to Be Kidding!

Dear Dave, My mom took out a Parent PLUS loan in 2009 to help pay for my college education. I also took out $70,000 in student loans myself. My mom never made a payment on the loan she took out for me, and now the amount due on the Parent PLUS loan has ballooned to…


Credit Card Tips and Tricks

There’s no doubt that credit cards are convenient. They’re compact, easy to carry and work just about anywhere. And that’s the problem. What seems like no big deal on a daily basis can add up to one whopping surprise at the end of the month. In the event you have fallen into a mind-numbing “coma”…


Home Prices Will Fall for First Time in 10 Years: Real Estate Brokerage

Yearly home prices in the United States are set to fall next year for the first time in a decade, with residential property sales also declining, according to real estate brokerage Redfin. The median home sales price is expected to drop by 4 percent to $368,000 in 2023, which will be its first annual decline…


Millennial Money: 4 Reasons for Thrift Store Gifts This Year

Thrifting is hot, and Goodwill finds are cool again. But while we’re thrilled to find the perfect throwback tee for our own closet, gifting used goods still carries a stigma for some. It shouldn’t. Secondhand gifts are better for your wallet, your community and the environment. “The planet is drowning in excess stuff,” says Lauren…