Personal finance

Hiring was a huge letdown in April, but teenagers looking for summer gigs may be in luck. The Covid pandemic, of course, hit this group especially hard. Last summer, the unemployment rate for 16-to-24 year olds was 18.5%, about twice as high as the year before. (July is typically when youth employment peaks.) Now, heading into the

VCG | Visual China Group | Getty Images Maybe you’ve seen one too many headlines about the explosive rise in value of dogecoin, or heard one too many stories about someone making a life-changing profit off the cryptocurrency, and now you’re ready to get in. You might be thinking, so what if the coin started

Flood waters stream down the road in Muhlenberg Township, Pennsylvania, after a major storm last August. Ben Hasty | MediaNews Group | Getty Images Continuing climate change and soaring lumber costs are two things you may need to consider when it comes to your homeowners insurance. Whether you live in an area prone to hurricanes,

Samuel Corum/Bloomberg via Getty Images At least 7 million people likely qualify for tax refunds on unemployment benefits received last year, a new report suggests. The American Rescue Plan, which President Joe Biden signed in March, waived federal tax on up to $10,200 of jobless benefits, per person, collected in 2020. Taxpayers qualify if their

Henry McMaster, the governor of South Carolina. Eric Thayer/Bloomberg via Getty Images At least two states will soon kick workers off pandemic-era programs that expanded and raised unemployment benefits. The governors of Montana and South Carolina announced this week that they are ending their participation in the federal programs at the end of June. The

urbazon | E+ | Getty Images For some would-be homeowners, coming up with the cash to buy a house can be tricky. Depending on your situation, a Roth individual retirement account could help. In a nutshell, up to $10,000 in Roth IRA earnings can be withdrawn — free of both taxes and penalty — for

Maricopa County, Arizona, constable Darlene Martinez signs an eviction order on Oct. 7, 2020 in Phoenix. John Moore | Getty Images News | Getty Images Renters who are financially struggling because of the coronavirus pandemic got some scary news yesterday when a federal judge overturned the national eviction moratorium two months earlier than expected. In

Students wearing protective masks raise their hands in a classroom as a teacher gives a lesson remotely at a public charter school in Provo, Utah, U.S., on Thursday, Aug. 20, 2020. George Frey | Bloomberg via Getty Images It’s a question many a personal finance educator has asked: What’s the best way to engage my

Unemployment applications are seen as City of Hialeah employees hand them out to people in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle/Getty Images Workers asked to repay unemployment benefits issued during the Covid pandemic may be getting a refund. However, it may take states up to

Delmaine Donson | E+ | Getty Images A new set of $1,400 stimulus checks has been sent, bringing the total number of payments issued to approximately 164 million, or about $386 billion. More than 1.1 million payments were sent this time, representing more than $2 billion. About 600,000 of those payments were made using direct

An eviction notice in Los Angeles. Lucy Nicholson | Reuters Federal Judge Dabney Friedrich struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes. The Centers for Disease Control and Prevention has banned most evictions across the country since September. President Joe Biden has since extended

Austin Hossfeld and his wife, Hayley. Photo: Austin Hossfeld Every day, Austin Hossfeld types the same words into Google: “Biden” and “student loans.” “A lot of the times, it’s the same articles,” Hossfeld, 26, said. “I reread them. “At night, I talk to my wife about it.” Like so many other Americans, the Carroll, Ohio,

Images By Tang Ming Tung The U.S. government has sent billions of dollars in stimulus checks to Americans since the onset of the Covid-19 pandemic. Yet some people may still be asking, “Where is my money?” If you feel that you may have been left in the lurch, there is a way to claim the

Scott Olson | Getty Images There’s a chance someone holding a Mega Millions ticket is about to become one of the wealthier people in the U.S. The jackpot for Tuesday night’s drawing is $345 million (lump sum cash option: $234.6 million). While you may be daydreaming about what you’d buy with the money if you’re

Image Source | Getty Images The wealthiest Americans may soon face a slew of tax hikes. President Joe Biden wants to raise taxes on single filers likely with income over $452,700 and couples earning more than $509,300.  But the plan may wind up penalizing some higher-earning married couples. The marriage penalty “It’s not the first

Kelvin Murray | Getty Images It’s no secret that the Covid-19 pandemic has hurt workers of all ages. Yet when it comes to older workers — those ages 50 to 62 and up — some may have fared worse than they did during the Great Recession, according to recent research from the Center for Retirement

Leon Cooperman Scott Mlyn | CNBC If you have accumulated more wealth than you need, there are a number of things you can do with the excess money, according to billionaire investor Leon Cooperman. Founder of the Omega Family Office, Cooperman — who has an estimated net worth of $2.5 billion — shared his views

urbazon | E+ | Getty Images It’s one of those debates that rarely seems to have a clear-cut winner: Should retirees pay off their mortgage or continue making those monthly payments? The answer — probably somewhat annoyingly — is that it depends. Of course, there are a couple of immediate benefits to paying off a

With money at the root of a lot of relationship issues, it’s no surprise that most people won’t swipe right on a date with bad credit. More than one-third, or 38%, of adults would reconsider a romantic relationship because of the other person’s debt, a 12% jump from a year ago, according to a recent study

Tyler Marks, his wife, Maranda, and their daughter, Layla, 3, and two sons, Hayden, 7, and Atticus,1. Courtesy: Marks family His name is Tyler Marks. But he showed up on the gray screen during his eviction hearing as Call-in User_3. Unemployed for most of the pandemic, Marks couldn’t afford to buy a laptop or computer