admin LightField Studios / Shutterstock.com The big obstacles of housing costs and student debt have forced a profound change in American life over the last half-century. A quarter of Americans aged 25 to 34 live in multigenerational family households, according to 2021 data. Pew Research Center, the nonpartisan pollster and researcher, calls living with parents “a … Read more
Perfect Wave / Shutterstock.com Owning a home is a great way to build wealth over time, but some retirees find that becoming renters better suits their lifestyle and bank account. Homeownership carries many financial responsibilities. In addition to paying off a mortgage, you have to maintain homeowners insurance, pay property taxes and budget for ongoing … Read more
Little Pig Studio / Shutterstock.com It’s fine to keep many things in your car. In fact, our cars often become storage areas for clothes, sports equipment and even snacks. But some things are likely to cause problems if left in a vehicle. They don’t respond well to extreme temperatures, or may attract thieves who break … Read more
There are many ways to save money these days and earn interest from the funds you set aside. In addition to high-yield savings accounts, certificates of deposit (CDs) can help you earn interest on your savings to put those dollars to work. Many banks and credit unions offer CDs at a fixed interest rate for … Read more
In short, yes – McDonald’s does take Apple Pay as a form of payment. This is great news for those of us who are trying to move away from traditional methods like cash and credit cards. Apple Pay is a digital wallet service that allows you to store your credit and debit card information on … Read more
Opening a savings account for your business might seem odd, but if you think about it, it’s a great way to have an emergency fund in case something goes wrong. In fact, many businesses open savings accounts for several reasons, many of which we’ll discuss below. At the same time, knowing which savings accounts will … Read more
fizkes / Shutterstock.com Editor’s Note: This story originally appeared on FlexJobs.com. Getting laid off is one of the most jarring events in your professional life. Even if you know it’s coming, it can still make you feel lost. You might hear a lot of feedback about famous people who used losing a job to launch … Read more
To get a higher interest rate on your savings, look for the best high yield savings account. High yield accounts are valuable because they usually pay more than traditional accounts. You can find high yield savings accounts by comparing rates online or checking with your current bank, some savings accounts pay up to 5% in … Read more
DenisProduction.com / Shutterstock.com Editor’s Note: This story originally appeared on Smartest Dollar. The COVID-19 pandemic and resulting economic crisis caused unprecedented financial strain throughout the U.S., prompting the government to offer economic relief packages at every level, from stimulus checks for personal use to local fiscal recovery funds at the state level. But the Paycheck … Read more
Robert Kneschke / Shutterstock.com Has there ever been a better time to postpone retirement? In fact, the number of older workers has been on the rise since at least the mid-1990s, according to the Bureau of Labor Statistics. Following are several unexpected benefits of delaying retirement. 1. You get to do meaningful work michaeljung / … Read more