Certificates of deposit, money-market funds and other cashlike investments have offered healthy returns. What happens when the Federal Reserve begins to lower interest rates? Click here to learn more.
FAFSA Simplification Act Learn about how legislative changes can help you finance your loved one’s education. As a parent or grandparent, you know firsthand the challenges of funding a child’s education.The Free Application for FederalStudent Aid (FAFSA) Act was passed at the end of 2020 and has changed some of the qualifications for students to receive financial aid. These changes will affect those applying for financial aid for the 2023-2024 school year. You’ll notice these changes on October 1, 2022, [...]
Guarding Against Identity Theft Take steps so criminals won’t take vital information from you. America is enduring a data breach problem. As many workers traded in the office for remote work, data security has been a focus for the public and private sectors. Between robocalls pitching low-cost health insurance, pretending to be the I.R.S., or offering “work from home” opportunities, the pandemic has seen scammers getting more creative than they’ve ever been.1 Tax time is prime time for identity thieves. [...]
Building a Healthy Financial Foundation How many pieces do you have in place? When you read about money matters, you will sometimes see the phrase, “getting your financial house in order.” What exactly does that mean? When your financial “house is in order,” it means it is built on a solid foundation. It means that you have six fundamental “pillars” in place that are either crucial for sustaining your financial well-being or creating wealth. #1: A savings account. This is [...]
Home Improvements Trending Higher More time at home, more home improvements Due to COVID-19, Americans are spending more time at home than ever before, leading to a record amount of spending on home improvement.1 It’s not that big of a surprise since many Americans now find their homes are doing triple duty as a place to live, work, and learn. Homeowners are funneling more money into their homes than ever thanks to a surplus of cash they would typically spend [...]
