Personal finance

laflor | E+ | Getty Images After experiencing a year that I am sure we would all like to forget, there are definitely some financial lessons learned from 2020 that we should use in our day to day lives going forward. The most significant thing about experiencing events that are statistically very rare, such as

People press demands to McDonald’s to raise workers wages to a $15 minimum wage, May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images A report released Monday from the nonpartisan Congressional Budget Office concluded that raising the minimum wage to $15 an hour by 2025 could add tens of billions of dollars

bymuratdeniz | E+ | Getty Images With all of Medicare‘s different rules for enrolling, it’s not unheard of to miss your signup deadline. Now is the time to remedy that. During a general enrollment period that opened Jan. 1 and closes March 31, anyone who did not enroll when they should have (as defined by

Josephine Flood | CNBC How to read this guide Follow along from start to finish, or jump to the section(s) you want to learn more about. Introduction Saving for retirement is the gnarliest of delayed gratification challenges. Tucking money away today in retirement accounts with the intention you won’t touch it for decades is not

Getting into the Super Bowl spirit usually entails some sort of wager. This year, however, gambling on the big game looks a lot different than it has in the past. Altogether, more than half of Americans said they’ll bet on this Sunday’s Super Bowl LV, according to a report from LendingTree. Despite widespread job losses,

Sen. Bernie Sanders, I-Vt., speaks during an event to introduce the Raise The Wage Act at the U.S. Capitol on Jan. 16, 2019. Chip Somodevilla | Getty Images Senate Democrats passed a budget resolution early Friday, the latest step towards approving President Joe Biden’s $1.9 trillion stimulus plan by a simple majority without Republican votes.

Dan and Grace Porte lost their jobs at Target when the Covid pandemic began. The couple, in their mid-80s, had used the income to supplement Social Security. Dan and Grace Porte Dan and Grace Porte worked together for decades. In the 1970s, they started a paint and wallpaper business. Then, after the housing bubble burst

Tiffany Hagler-Geard | Bloomberg | Getty Images The stock market is known for being unpredictable and volatile, and any sense of normalcy was blown up during the recent GameStop rally. Most of us know the story by now: After discovering that several hedge funds had bet on the video game retailer losing value, people banded

Before the pandemic, volunteers for Creighton University’s VITA program worked closely with clients to file their tax returns for free. Tom Purcell Creighton University’s Volunteer Income Tax Assistance, or VITA, program has a new look this year, thanks to the coronavirus pandemic. Instead of in-person meetings, where people sit face-to-face with students volunteering to help

Image Source | DigitalVision | Getty Images As Washington lawmakers work to come to an agreement on a new coronavirus relief package, one key question has emerged: Will the next stimulus checks be $1,400? President Joe Biden sought to end that debate in a press conference on Friday by re-affirming his commitment to $1,400. “I’m

kate_sept2004 President Joe Biden wants to get more money to certain American families by expanding the child tax credit for one year. For those who are eligible, that would mean extra cash could come their way via a refund check. Now Democrats are planning to propose a bill next week to enact a long-term change

THOUSAND OAKS, CA – AUGUST 18: Offensive tackle Andrew Whitworth #77 of the Los Angeles Rams enters the field for training camp on August 18, 2020. Jayne Kamin-Oncea | Getty Images Sport | Getty Images Long before Andrew Whitworth made it to the National Football League, he knew he wanted to help others. When he

Tom Williams | CQ-Roll Call, Inc. | Getty Images Americans have it worse than all other developed nations when it comes to benefits for workers, according to a new ranking. The U.S. places last relative to its national policies around healthcare, unemployment, retirement, parental leave, and paid vacation and sick days, according to Zenefits, a

U.S. Senate Majority Leader Chuck Schumer, D-N.Y. Brandon Bell | Reuters The Senate’s top Democrat, Chuck Schumer of New York, along with Sen. Elizabeth Warren, D-Mass., and other Democratic legislators on Thursday, introduced a resolution again calling on the White House to forgive $50,000 in student debt for all borrowers by executive action. “During a

Capitol dome Congress Mark Makela | Getty Images News | Getty Images President Joe Biden and congressional Democrats are hoping to pass $1.9 trillion of additional pandemic relief, including extra jobless benefits. Still, many unemployed workers haven’t yet gotten benefit payments from the last stimulus package, which former President Trump signed more than a month

People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Millions of workers in the U.S. could be in for a pay raise as Democrats move

DEA / M. BORCHI | De Agostini | Getty Images Unemployment benefits aren’t reaching most jobless Americans — suggesting that lawmakers who wish to target aid to the unemployed would likely need to use stimulus checks or other relief measures. At most, 30% of jobless individuals are currently being reached by the unemployment system, according

SolStock | E+ | Getty Images When Tim Maurer’s two teenagers burst into his home office last week, excitedly talking about how a bunch of kids had taken on Wall Street, the Charleston, South Carolina, certified financial planner knew it presented a great opportunity to teach his boys about investing. Lecturing doesn’t usually work, Maurer

Tiffany Hagler-Geard | Bloomberg | Getty Images GameStop, AMC Entertainment, BlackBerry, Dogecoin and silver – all have been subject to epic rallies and falls in recent days, spurred by droves of retail investors driving up prices and then selling. While it may be tempting to pile into an asset that’s seen such rapid growth, financial

Dominik Osswald/Bloomberg via Getty Images Is silver the new GameStop? The question lingered Monday as the metal rallied, suggesting it was the market’s next hot-ticket item. The answer is both yes and no — and they both signal investors should tread cautiously.   Silver prices hit an 8-year high on Monday, jumping to $29 an