Personal finance

Matt Le Blanc as Joey Tribbiani, Matthew Perry as Chandler Bing, Jennifer Aniston as Rachel Green and Courteney Cox as Monica Geller on NBC’s “Friends.” NBC | Getty Images Matthew Perry, the beloved actor best known for his role as sarcastic, wise-cracking Chandler Bing on the sitcom “Friends,” died Saturday at age 54. He left

Morsa Images | Digitalvision | Getty Images Retiring early is out and “soft saving” is in — at least according to Gen Z. Younger American adults are taking a more relaxed approach to their long-term financial security, a recent Prosperity Index study by Intuit found.  In the current climate, newly minted adults between the ages of

A man walks by the Bank of America headquarters in New York on July 18, 2023. Eduardo Munoz | View Press | Getty Images Customers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue. There was a surge of “outages” reported by banking customers Friday morning, including

In this article ZIP Follow your favorite stocksCREATE FREE ACCOUNT Filadendron | E+ | Getty Images Applying to multiple job openings can increase your chances of landing a new gig. However, if you’re thinking of sending out what one economist called a “firehose of applications” all at once and then just waiting for responses, think

Jewel Inostroza was very excited when she bought her home in Newnan, Georgia, in 2008. “It seemed like it was a very nice, cozy, close-knit community,” said the 54-year-old. “Then it started turning into a horror story.” Inostroza is the only one listed on the deed, but she and her husband Enrique, 48, share financial

High inflation and higher interest rates continue to weigh on American households. As of September, 62% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year. “Living paycheck to paycheck remains the main financial lifestyle among U.S. consumers,” the report said. More from

In this article GM STLAM-IT F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members and supporters rally at the Stellantis North America headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images News | Getty Images While predictions across the board about employee pay are forecasting slower wage growth

Elenaval | Room | Getty Images If you inherited an individual retirement account, the IRS waived penalties for some missed mandatory withdrawals this year. But there could be reasons to start taking them anyway, experts say. Prior to the Secure Act of 2019, heirs could “stretch” IRA withdrawals over their lifetime, which minimized year-to-year tax

Troy Millings, left, and Rashad Bilal, co-creators of Earn Your Leisure. Source: Tyrell Davis Rashad Bilal and Troy Millings are among a growing class of financial influencers who want to help people be smarter about money. The duo — a former financial advisor and a teacher, respectively — launched the podcast “Earn Your Leisure” nearly

President Joe Biden delivers remarks on new efforts to cancel student loan debt at the White House on Oct. 4, 2023. Kevin Dietsch | Getty Images President Joe Biden’s plans to cancel up to $400 billion in student debt for tens of millions of Americans were foiled over the summer at the Supreme Court. Still,

In this article MERC ZIP Follow your favorite stocksCREATE FREE ACCOUNT Workers operate a drilling rig for an EBR Energy LP natural gas well near Columbus, Texas. Scott Dalton | Bloomberg | Getty Images You may not get as big a raise in 2024 as you did this year, if early predictions from economists and

The U.S. Department of Education in Washington, D.C. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The U.S. Department of Education announced on Monday that it would penalize the student loan servicer MOHELA, or the Missouri Higher Education Loan Authority, for its failure to send timely billing statements to 2.5 million borrowers. As a

Consumers are increasingly relying on credit cards to make ends meet, but their credit rating hasn’t suffered. Even as credit card balances for Americans surpassed $1 trillion for the first time ever, the national average credit score rose two points from a year ago to reach a new high of 718, according to a report from FICO, developer

E+ Despite inflation concerns, most middle-income Americans still aren’t leveraging higher interest rates for savings. That’s according to a new Santander survey of roughly 2,200 middle-earning U.S. adults, conducted in early September. Some 64% of middle-income Americans are earning less than 3% on their primary savings account, the findings show. By comparison, the top 1%

Thomas Barwick When it comes to Social Security, many people have one question: “Will my benefits be there when I retire?” Fears that the program could run out of money tempt some people to claim benefits as early as possible to get back the funds they have paid into the program for their retirement. Meanwhile,

State and local pay transparency laws enacted over the last few years have more employers disclosing salary ranges in job descriptions. Yet, wages aren’t growing as expected. The growth of advertised wages for new hires is slowing, according to a report from job posting service ZipRecruiter — and in some cases, it’s reversing, with companies now

In this article NRDS Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Both retail credit cards and buy now, pay later programs can offer opportunities to spread out payments for high-priced purchases, especially during the year-end holiday shopping season. Buy now, pay later, or BNPL, is like a new form of old-school layaway plans, except

Hoozone | E+ | Getty Images Health savings accounts have powerful tax benefits that make them an efficient way to save for future medical costs. But to harness their full potential, HSA funds must be used for qualified medical expenses. There’s a long list of qualifying costs — from artificial limbs to birth control pills,

It’s becoming increasingly difficult for Americans to set money aside. Largely due to high inflation and rising interest rates, 81% of adults said they did not contribute to their emergency savings this year, and 60% also said they feel behind when it comes to building a cash cushion, according to a new Bankrate report. “Rising

Twenty/20 American cardholders paid $130 billion in interest and fees in 2022, according to a new report from the Consumer Financial Protection Bureau. Cardholders were charged more than $105 billion in interest last year, and $25 billion in fees. The tally represents “the highest amount of interest and fees ever measured by the CFPB’s data,”