MoMo Productions | DigitalVision | Getty Images Everyone wants their kids to be happy and successful. Teaching them about personal finance and economics can help make that happen. In fact, the lack of that education can be devastating. It can lead to credit card and student loan debt, living paycheck to paycheck and not saving
Personal finance
For decades, adults have increasingly shunned the idea of tying the knot. Although more people are cohabitating, it has not been enough to offset the steady decline in marriage, leaving more people uncoupled overall, according to a recent Pew Research Center analysis of the latest census data. Now, a record number of adults between the
McBride Inlet in Alaska’s Glacier Bay National Park, which ParkSleepFly rated as America’s most underrated national park. Andrew Peacock | Stone | Getty Images Ever since Covid-19 first made social distancing a thing, Americans looking to escape lockdown boredom and work-from-home isolation have sought out open spaces at the country’s 63 national parks — and
@lelia_milaya via Twenty20 In the last few months, millions of American families with eligible children have received the first half of six advance child tax credit payments. For those who are eligible but haven’t yet signed up, generally because they don’t traditionally file a tax return, time is running out to claim the advance payments.
PeopleImages | E+ | Getty Images American families grappling with the cost of higher education may consider a 529 college savings plan to lessen the financial burden. But there are several things to weigh when picking a plan. A 529 plan is an investment account offering tax-free growth, as long as the beneficiary uses the money for
Female doctor working with senior patient in a modern office clinic / hospital momcilog | E+ | Getty Images Sure, there are probably more entertaining things to do than review your Medicare coverage. Nevertheless, it’s about that time of year. Open enrollment, which starts Oct. 15 and runs through Dec. 7, is when you can
quavondo | E+ | Getty Images For lower-income Hispanic and Latina mothers, affordable and accessible child care would be a lifeline. As the country celebrates National Hispanic Heritage Month, it looks like that may soon become a reality. Democrats have set a deadline of Oct. 31 to enact President Joe Biden‘s economic agenda, which includes
Two women sit at the Capitol Reflecting Pool in Washington, D.C. on Sept. 26, 2021. Samuel Corum | Getty Images Congress is hard at work on a deal to keep the U.S. government from defaulting on its debt this month. But the short-term agreement, which was passed by the Senate and is expected to go
Damir Khabirov | iStock | Getty Images The expansion of the child tax credit is aimed at lifting millions of American families out of poverty. Yet an omission in its legislative language may leave behind a group that would most benefit from it: struggling student loan borrowers. The American Rescue Plan, the $1.9 trillion stimulus
AsiaVision | E+ | Getty Images A third of working Americans saw their health-care costs rise this year, according to a survey published Thursday by the Employee Benefit Research Institute. Those expenses led some employees to decrease retirement plan contributions, delay going to the doctor, increase credit card debt or use up all or most
A Social Security Administration office in San Francisco. Getty Images The Social Security cost-of-living adjustment for 2022 could be the biggest in decades. However, that increase to monthly checks will not be enough, according to The Senior Citizens League, a nonpartisan advocacy group. Now, in a letter sent to members of both the House of
Youth march along Pennsylvania Avenue to the U.S. Capitol Building as part of the Global Climate Strike protests on Sept. 20, 2019 in Washington, D.C. Samuel Corum | Getty Images With the clock ticking, who will solve the problems of climate change and global warming? Most U.S. teens believe that everyone should help. Nearly 70%
Getty Images As the coronavirus pandemic drags on, many Americans have learned to cope with the new normal. Saving for emergencies and long-term goals, such as retirement, is still a top concern, however. More than 60% of Americans said in June they were either extremely concerned or somewhat concerned about the state of their finances,
Alexandra Lashner of Bensalem, Pennsylvania, became frustrated after attempting to buy a house this year and decided to postpone homeownership. Source: Alexandra Lashner Alexandra Lashner and her husband were excited to buy their first home earlier this year. They saved up enough for a 20% down payment and had no debt. Yet they still couldn’t
Finding the right financial advisor to help with your financial needs and goals can be complicated. There are so many things to consider. Every financial advisor has his or her own area of expertise. The services provided by financial advisors will vary based on the type of advisor, but overall, a financial advisor will assess
In this article UAL AAL LUV DAL A patient receives a Covid-19 vaccine booster shot at a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, on Sept. 29, 2021. Emily Elconin | Reuters Some people are still holding off getting vaccinated against Covid-19, even as mandates increase for the immunization. Those who aren’t yet vaccinated have been
Workers with Patriot Environmental Services mop up oil on the surface of the water at Talbert Marsh in Huntington Beach, CA on Monday, October 4, 2021. Paul Bersebach | MediaNews Group | Getty Images A massive oil spill off the coast of southern California this past weekend has clean-up crews racing to prevent an ecological
People receive information as they attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. PATRICK T. FALLON | AFP | Getty Images The number of Americans collecting unemployment benefits fell by more than half after the Labor Day “cliff,” when federal assistance ended for millions of people. There were just
Americans have been hammered by life changes since the start of the pandemic, and it’s taken a big mental and financial toll. In just the last year and a half, many Americans either left a job, moved or changed their relationship status, for better or for worse — or even all of the above. Finances
kate_sept2004 | E+ | Getty Images The recovery from the Covid-19 pandemic has been slower than a lot of people expected. For many Americans, that means their incomes are not yet back on track or may have suffered again during the onset of the delta variant. Data shows that hiring is still slow. Weekly initial