[ad_1] Kevin Dodge | The Image Bank | Getty Images SEATTLE — For many families, paying for college is a financial burden, and experts say education-funding myths may be adding to the student loan debt crisis. “There’s often this perception that somehow people are being penalized for saving for college,” …
Read More »Why salaries in the United States don’t keep up with inflation
[ad_1] Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared with a year prior — the largest annual increase since 1981. While wages are rising, they’re not keeping up with inflation. Wage growth has been consistent with an inflation rate of …
Read More »Student loan forgiveness: 9 million people received emails that mistkanely said their application was approved
[ad_1] Washington CNN — About nine million people received an email last month from the Department of Education that mistakenly said their application for student loan forgiveness had been approved, adding to the confusion surrounding President Joe Biden’s debt relief program. Thus far, no one has received debt forgiveness because …
Read More »Used car prices are down 3.3% from a year ago, per inflation data
[ad_1] Westend61 | Westend61 | Getty Images In the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year ago. While the consumer price index — which measures price changes for a variety of consumer goods and services — …
Read More »When to submit your tax return in 2023 to avoid missing forms
[ad_1] If you’re eager to file your 2022 tax return in January or early February, the IRS has a warning: You’ll need to wait for “key documents” before filing in 2023. In a release last week, the IRS urged “early filers” to watch for Form 1099-K, which reports income for …
Read More »5 money moves to make now to ensure financial success in the new year
[ad_1] Cn0ra | Istock | Getty Images The end of the year is an important time for making financial decisions that can have an impact in the year ahead — and for years to come. From your work to your savings and investments to spending and giving back, here are …
Read More »Workers around the world say this is the best U.S. city for expats
[ad_1] Around the world, people agree that the best U.S. city to try living and working abroad is Miami, Florida. The South Florida beach and nightlife destination ranks 12th out of 50 global cities as being a top place for expats to live and work abroad, according to a survey …
Read More »How to prepare for a 1099-K for online payments and reduce your taxes
[ad_1] Charday Penn | E+ | Getty Images If you’ve accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K, which reports income from third-party networks, in early 2023. But there’s still time to reduce your tax liability, according to financial experts. “There’s no …
Read More »Here’s how to afford to buy your first home with a lower down payment
[ad_1] The Central Business District of Pittsburgh J. Altdorfer Photography | Getty Images After bidding wars during the pandemic, demand for home purchases has fallen amid higher mortgage interest rates. That dynamic has made some markets are more attractive for first-time home buyers for 2023, according to a Zillow report …
Read More »credit card debt, ruined retirement plans
[ad_1] Teresa Harding Source: Teresa Harding It took three months for Teresa Harding to open her termination letter. “I couldn’t look at it,” Harding, 47, said. For seven years, she’d worked at a pain management center in Lexington, Kentucky. “I enjoyed my co-workers and our patients. “It was a fun, …
Read More »