Credit cards can be useful, but they can quickly get you into difficult situations. Racking up too much credit card debt can plunge you into a never ending cycle of double digit interest rates and ruin your credit score. This quickly becomes a major obstacle in your journey towards financial freedom. At some point you have to take action, but what exactly should you do?
On Friday afternoon, President Trump signed into law a $2 trillion stimulus bill to provide economic relief to businesses and individuals affected by the coronavirus pandemic. After several weeks of uncertainty, the final package does include a direct payment provision to get cash into the hands of struggling Americans. Here’s how these payments will work.
With balances surpassing $1.6 trillion, student loans have become a hot button political issue in recent years. In response to the ongoing coronavirus pandemic, the federal government has granted borrowers some much needed relief. On March 20, the Department of Education announced provisions that were further expanded by the CARES Act stimulus package. Here’s what you need to know.
The coronavirus pandemic has already upended the American job market, resulting in the filing of over nine million first-time unemployment claims in the last two weeks alone. In response, Congress created the Paycheck Protection Program (PPP) to help small businesses keep workers employed. Here’s how you can benefit.
The coronavirus has had an unprecedented impact on our lives and the global financial markets. And while it’s normal to look towards market experts for guidance during these times, be wary. Market predictions make for catchy headlines, but they’re usually poor investment guides.
Millions of Americans are unemployed as a result of the pandemic. While it may be challenging to find a new full-time job, there are ways to make ends meet by working online.
Day Trading as a source of entertainment may be enticing, but the math behind the returns ought to dissuade those from trying it.
Most of us know that good credit management is important, but few of us know what that holistically requires.
The average American has $6,194 in credit card debt at an average interest rate of 16.88%. That means each of them is paying $1,045.55 in annual interest.
COVID-19 has prompted many people to begin searching for somewhat unconventional sources of income, especially college students and young adults.
So far nobody has confirmed exactly where COVID-19 originated, whether the virus has a seasonal effect, or detemined the virus’s exact rate of transmission.
In March alone, retail sales fell by 8.7%, total industrial production dropped by 5.4%, and housing starts plummeted a staggering 22.3%.
It’s been nearly thirty years since billionaire Ross Perot ran for president on a platform that emphasized the dangers of the growing national debt.
Last month, Congress passed legislation that made COVID-19 testing and all testing-related services free of charge, regardless of whether or not you are covered by health insurance.
Here are a few tips on how you can best spend the stimulus money.
More than 16 million Americans have filed for initial unemployment benefits since mid-March.
With positive cases of COVID-19 approaching 600,000 in the United States, the costs of the pandemic are mounting.