Personal finance

FatCamera | E+ | Getty Images The federal tax deadline is one week away for most Americans, and if you can’t cover your balance by April 18, you may have options, tax experts say. Whether you file on time or request an extension, you need to pay taxes owed by the original due date to

Between higher costs and a possible recession on the horizon, families feel increasingly strained financially.   More than half, or 58%, of all Americans are now living paycheck to paycheck, according to the CNBC Your Money Financial Confidence Survey, conducted in partnership with Momentive.  And even more — roughly 70% — said they feel stressed

Jackyenjoyphotography | Moment | Getty Images It may soon be tougher for consumers to get a $7,500 federal tax credit when buying a new electric vehicle, due to U.S. Department of the Treasury rules set to take effect in about a week. But there’s good news for prospective buyers: Those willing to buy a used

Liubomyr Vorona | Istock | Getty Images The Biden administration’s sweeping plan to cancel up to $20,000 in student debt for tens of millions of Americans may have an unintended, though hopefully temporary, consequence for some people, experts say. “For many borrowers, it will cause their credit scores to drop,” said higher education expert Mark

Gabriel Quezada, 17, is a senior at Early College High School in Costa Mesa, California. Gabriel Quezada As college costs soar and enrollment falters, there’s an alternative to a pricey four-year degree that’s been largely under the radar, until recently. But Gabriel Quezada, 17, was reluctant to try it. His father, Humberto Quezada, said he

Drakula & Co. | Moment | Getty Images Tax season can be stressful. Whether you filed early or you’re racing to meet the April 18 deadline, there are things to know to make the process easier. As of March 24, the IRS has processed more than 80 million returns and issued more than 59 million

Carlos Barquero | Moment | Getty Images Stock market volatility and talk about a possible recession may have people anxious about investing. However, that shouldn’t dissuade anyone from trying to build wealth, whether you are just starting out in your career, are middle-aged or are nearing retirement. “We can’t predict the future, but by thoughtful

Nicole Chung Source: Carletta Girma In author Nicole Chung’s new memoir, “A Living Remedy,” she tells the story of watching both her parents die in the span of two years. It was all the more painful because of her mother and father’s inability to afford the medical treatments they needed. Chung blames the country’s broken

AscentXmedia | E+ | Getty Images Social Security and Medicare face an uncertain future, based on new annual reports from the programs’ trustees that were released last week. “Insolvency is in the near horizon,” said Marc Goldwein, senior vice president at the Committee for a Responsible Federal Budget, during a panel hosted by the non-partisan,

The disparity in wealth between Black and white households in the U.S. — referred to as the racial wealth gap — has paved the way for a significant retirement savings shortfall that is only growing, according to Thasunda Brown Duckett, president and CEO of TIAA. “There is a real problem,” she said Tuesday in a conversation with

These days, most Americans are stressed about money. And yet, when it comes to budgeting, saving and managing debt, many get some simple fundamentals wrong. For example, according to one LendingTree survey, 65% of Americans think carrying a small balance on their credit card each month will improve their credit score. That’s incorrect. Not only can

Ijeab | Istock | Getty Images As families try figure out how to pay for their children’s college costs in the fall, scholarships are an important avenue to explore. “Every dollar won in a scholarship could potentially eliminate a dollar borrowed for the student,” said Elaine Rubin, director of corporate communications at Edvisors. More than

On the heels of the Great Resignation, some workers are even more motivated to leave their job in search of a better work-life balance. To that point, 56% of the workforce is likely to look for a new job in the year ahead, up from 51% in 2022, according to Bankrate’s 2023 job-seeker survey. In

Aaronamat | Istock | Getty Images Over the last 15 years or so, the interest rates you could earn on your cash were very low. And while the Federal Reserve has changed that with a recent series of interest rate hikes aimed at combating high inflation, many savers still do not know they could be

Chuyn | Istock | Getty Images If you’ve dreamt of working or retiring abroad, you may be tempted by the possibility of cheaper housing or healthcare. But there are some things to consider before making the jump. Jude Boudreaux, partner and senior financial planner with The Planning Center in New Orleans, works with several expat

In this article VZ Follow your favorite stocksCREATE FREE ACCOUNT Edwenna Ervin works in her home office. Edwenna Ervin, known as “Eddie” to family, friends and colleagues, was living paycheck to paycheck when she first started working as a customer service agent for Verizon in 2016. And, she was struggling to come up with enough

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Annie Nova and her sister, Janna McPartland Courtesy: Annie Nova When my younger sister, Janna, and I hang out — which is a lot because we live on different floors of the same apartment building — what we talk about usually doesn’t involve money. We

A Social Security Administration office in San Francisco. Getty Images The Social Security trust funds that about 67 million Americans rely on for benefits are scheduled to be depleted in 2034, one year earlier than was projected last year, according to the annual trustees’ report released by the Treasury Department on Friday. Unless Congress takes

Money can be a relationship’s downfall; it can also be the reason couples stay together. With more Americans feeling financially constrained, 23% of all couples are primarily staying in their current relationships due to financial dependency, according to a new report by LendingTree. Between sky-high inflation and stubborn gender dynamics, “I am not surprised at

In this article TOST FISV CRM AAPL SBUX CCF AXP V MA COF DFS BAC WFC C MHI-AU SSVC TNL YOU AMZN Follow your favorite stocksCREATE FREE ACCOUNT When was the last time you purchased something and you weren’t asked for a tip? Not only are requests to tip on purchased goods and services increasingly