College debts are one of the largest financial burdens for Americans. They make up the second highest type of household debt after mortgages, totaling $1.61 trillion. That’s about $37,000 per borrower. High balances with payoff times that lasts into middle age force graduates to delay other financial goals.
April is National Financial Literacy Month. It’s a great opportunity for consumers to check and promote their financial situation and skills. For people who have just started earning or have been earning for a long time, every day is a chance to reflect on spending and improve finances.
As part of National Older Americans Month in May, the Alzheimer’s Foundation of America is providing 10 steps for healthy aging. “Promoting healthy aging helps ensure older adults remain a vibrant, integral community members for many years to come,” said Charles J. Fuschillo Jr., AFA’s president & CEO.
Saving money will help you with your future. If your car breaks down or you have a huge, unexpected medical bill, you’ll have an emergency fund to cover the costs. If you save for retirement, you’ll have enough money to meet your needs without stress.
Americans’ revolving credit levels once again reached their highest levels since March 2020. Sixty-six percent of millennials have nothing saved for retirement. And nearly one in four Americans have PTSD-like symptoms due to financial stress — many of whom are young parents.
In 2021, Congress expanded tax benefits and made other advanced payments in response to the covid-19 pandemic and the resulting financial impact. This may increase the amount of money you’ll receive through your tax refund. You also may be eligible to access other benefits when you file a tax return.
It’s a question that comes up frequently these days. Where’s a cheaper place to live? Using safety, affordability, quality of life, health-related factors, and more than 40 other categories, WalletHub, a personal finance website, compared the 50 states to help retirees find the best way to retire.
For me, my holiday celebration ended early. My daughters came for a Christmas celebration in early December, Lisa from Madrid and Mona from Sacramento. We had such a great time; a fabulous Christmas dinner Dec. 4 and opening presents Dec. 5.
Veterans Day, which became a national holiday in 1938, is a day to recognize the contributions of the nation’s veterans. In a proclamation, President Joe Biden said: To those who serve and those that serve alongside them – their families and caregivers – we owe a debt we can never fully repay.
To get ready for my holiday company, I spent the afternoon – and into the evening – organizing my garage. Why? When I’m cleaning up and getting my house in order, it’s helpful to move things out into the garage.