Posted on August 10, 2020
Americans of all ages often dream about retirement, but most struggle to actually save for it. Let’s face it, in the shuffle of immediate priorities, saving and planning for retirement isn’t a walk in the park. We all know we need to save for the future, but more than half of Americans don’ …
Posted on August 8, 2020
It’s never ideal to build up debt, but it may be necessary these days. The coronavirus outbreak has disrupted the economy. Businesses have shuttered and workers have been laid off or furloughed from their jobs. On April 2, the Labor Department reported 6.6 million people filed for unemploym …
Posted on July 22, 2020
Buying a home is one of the biggest decisions you’ll ever make — and being prepared ahead of time with a preapproval letter can make the process a lot smoother. Getting a mortgage preapproval gives you a leg up in the buying process by showing how serious you are about purchasing a home and …
Posted on June 8, 2020
If parents aren’t careful, financially supporting their adult children could harm their retirement — and damage their kids’ own financial development. Of course, living in the time of Covid-19 brings its own set of unique circumstances. Many young adults are reeling from the economic fallou …
Posted on May 23, 2020
More than 38 million people have filed for jobless claims since the coronavirus pandemic started. The unexpected loss in income is causing many Americans to tap their retirement savings just to make ends meet. And many people who lost a job — or have a spouse or partner whose income has de …
Posted on April 30, 2020
If you got a refund from college for room and board or other expenses, consider yourself lucky. But beware of the potential tax bite. As colleges and universities across the U.S. remain closed in an effort to slow the spread of Covid-19, refunds for meals or housing have varied from school …