Personal finance

Christine Schneider | Cultura | Getty Images A proposal for federal paid family leave is at risk of ending up on the chopping block as Washington lawmakers work to finalize new social spending legislation. Cutting the plan out of the Build Back Better package could cripple Democrats’ chances in key Senate races next year, advocates

SolStock | E+ | Getty Images Looking for a meaningful holiday gift? Consider putting money toward a child’s future education costs. Nearly half of parents (45%) may ask family and friends this year to contribute to a 529 college savings plan for their kids, according to a survey from the College Savings Foundation. That compares

Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau is cracking down on banks charging fees for customers who overdraw their checking accounts, the bureau announced Wednesday. The financial watchdog is planning a “range of regulatory interventions” targeting firms that rely heavily on overdraft fees

Recruiters speak with potential applicants during a job fair in Leesburg, Virginia, on Oct. 21, 2021. ANDREW CABALLERO-REYNOLDS | AFP | Getty Images Claims for unemployment benefits dipped to their lowest point in more than 50 years the week before Thanksgiving — a remarkable rebound from the nosebleed levels earlier in the Covid-19 pandemic. The

Shoppers carry purchases from a Best Buy store on Black Friday in San Carlos, California, U.S., on Friday, Nov. 26, 2021. Bloomberg | Bloomberg | Getty Images Before you grab that great deal through a store’s special financing offer, make sure you know what you are signing up for. About half of retailers offer credit

Vladimir Vladimirov | E+ | Getty Images After a weekend of holiday shopping, Americans will be shelling out for charity on Giving Tuesday, which produced $2.47 billion from U.S. donors in 2020. But many don’t realize there’s a tax break for cash gifts in 2021, even if they don’t itemize deductions on their federal return.

recep-bg | E+ | Getty Images Life without student loans is coming to an end. The U.S. Department of Education by February will restart payments for the millions of Americans with education debt. They’ve been allowed to pause their bills for close to two years because of the coronavirus pandemic. Yet the resumption of the

Getty Images Want to make more money? You may want to consider switching jobs. Some 24% of Americans said that changing jobs is the best way to get a pay boost, according to a recent online survey from MagnifyMoney of nearly 1,000 working adults. In addition, millennials were more likely than their older coworkers to

Americans are spending a little less this holiday season — but still more than they can afford. Total spending on Black Friday, both in stores and online, fell slightly from a year ago — the first decline on record — in part because holiday shoppers started their shopping earlier in face of supply chain setbacks

Reynisfjara is a world-famous black-sand beach located on the south coast of Iceland. Luis Cagiao Photography | Moment | Getty Images Iceland has been a focal point of my wanderlust for the better part of two years. The country is a dreamscape of natural beauty: the black sands of Reynisfjara, towering icebergs of the Jökulsárlón

The University of Maryland The Washington Post | The Washington Post | Getty Images Across the country, colleges are in crisis. Fewer students went back to school again this year, dragging undergraduate enrollment down another 3.5% from last year, according to a report from the National Student Clearinghouse Research Center. Combined with last autumn’s declines, the

Time is running out for families with kids to make any changes to information the IRS has on file for their last child tax credit payment of the year. Families have until Monday, Nov. 29, to reach out to the agency and have it reflected in the final monthly payment, set to go out on

David Paul Morris | Bloomberg | Getty Images When it comes to shopping for a new car, this isn’t your typical Black Friday. Deals and discounts that were once plentiful this time of year are harder to come by. An ongoing global shortage of microchips — key components needed for today’s autos to operate —

A sign reading “Shop Local” with closed restaurants and shops on Main Street on April 10, 2020 in Livingston, Montana. William Campbell | Getty Images While Black Friday may be the biggest shopping day of the Thanksgiving weekend, about half of American consumers are expected to turn out for Small Business Saturday. A survey from

krisanapong detraphiphat | Moment | Getty Images Black Friday and Cyber Monday are almost here — and consumers shopping for the winter holidays should be on the lookout for online scams. U.S. sales online are expected to hit $207 billion this holiday shopping season, between Nov. 1 and Dec. 31, according to Adobe. That’s a

Alexi Rosenfeld | Getty Images As Democrats’ Build Back Better plan advances to the Senate, one key proposal — paid family leave — may be at risk of getting dropped from the $1.75 trillion package. But there is room for lawmakers to compromise and come up with a plan that costs less, according to a

A pizzeria in North Babylon, New York, advertises available positions for wait staff and delivery drivers. Newsday LLC | Newsday | Getty Images It turns out the “Great Resignation” is more of a “Great Reckoning,” according to a survey by consulting firm Mercer. In other words, the movement is more about who is quitting their

lisegagne | E+ | Getty Images Millions of American families with kids are set to receive the last of six advance monthly child tax credit payments Dec. 15. Yet, just a few days earlier, Dec. 3, the U.S. government is set to shut down if Congress doesn’t approve more funding to keep it open through

Second Harvest Heartland workers distribute food in a recent truck to trunk event. As Covid-19 cases in Minneapolis surge, so has the demand for food, said CEO Allison O’Toole. Courtesy: Second Harvest Heartland The onset of the Covid-19 pandemic last year prompted millions of Americans to wait in long lines for food assistance in the

Tijana Simic | iStock | Getty Images Medical debt is a growing burden among Americans, with more than 1 in 3 U.S. adults carrying a balance, according to a 2021 Healthcare.com survey. The findings also revealed that more than 6 in 10 adults with overdue bills received care knowing they couldn’t cover the costs, and more