7 Questions to Ask Before You Stop Paying Your Student Loans in Forbearance

The possibility of student loan forgiveness is no longer in question. This was the seventh and said to be final such extension since the pandemic began in 2020. So what does this mean if youre still carrying student debt? Editor’s note: The Supreme Courtstruck down student loan forgivenesson June 30, 2023. After a three-year pause, federal student loan interest will resume Sept. 1 with payments starting in October. Probably not as good as youd like....

August 25, 2022 · 2 min · 345 words · Kristin Ewing

9 Things to Do If Your Raise Didn’t Match Inflation This Year

Our salaries are in a race with inflation, and were losing. You cant go without eating, and you have to get around. Inflation hit a 40-year high in June, with prices up 9% compared to a year earlier. Did your salary go up 9% this past year? No, we didnt think so. Costs are rising faster than your salary is. What can you do to protect your bank account and make some extra money if youre feeling the squeeze?...

August 25, 2022 · 5 min · 912 words · Felicia White

9 Things to Do if You’re Hiding Money Problems

Cutting off price tags and throwing away evidence of your latest shopping spree before the family gets home? Dining on extravagant meals you cant really afford? When it comes to money, weve all done a couple of things were not proud of. But what if it goes a little beyond that? And of these people, 22% are having issues paying all their bills. Here are our best tips for digging yourself out of your secret financial trouble....

August 25, 2022 · 4 min · 685 words · Shawn Sanders

Is Buying a Refurbished iPhone or MacBook Worth the Savings?

We found a certified refurbished iPhone for 50% less than a comparable new phone. But, what are Apple refurbished products, and are the savings worth it? (Spoiler alert: Buying a certified refurbished Apple product can absolutely be worth it.) What Does Apple Certified Refurbished Mean? Apple refurbished products are electronics that can no longer be sold as brand new. They may have been floor models, returned unused or used for a short period....

August 25, 2022 · 4 min · 799 words · Robert Carr

Dear Penny: Why Can’t I Claim My Dead Husband’s Social Security?

Real Answers for Life’s Money Challenges My husband passed away two years ago. This year, I turned 60 and was under the impression I would be eligible for his benefits. -S. Dear S., Youre allowed to collect your late husbands benefits. These are thebiggest money secrets rich people don’t tell you. But youre running into problems because youre trying to takeSocial Securityearly. These issues arent unique to survivor benefits. Youd face the same hurdles if you started taking early retirement benefits based on your own work record....

August 24, 2022 · 3 min · 477 words · Connor Anderson

More Than 21 Million Borrowers Qualify for Student Loan Relief. Are You One?

Several other groups of student loan borrowers will also receive automatic aid unless they choose to opt out. ITT also mischaracterized future job options and students ability to transfer credits. Heres a closer look at whos receiving the automatic aid. Getty Images Our team has compiled alist of creative waysyou can fatten your bank account this week. This is a long list, so dont get overwhelmed. Go ahead and start now, but be sure to bookmark this post so you might easily return later....

August 24, 2022 · 3 min · 531 words · Cameron Edwards

Should I Sell My Car Now? 5 Situations When It Makes Sense

You may be asking yourself, Should I sell my car now? The Catch-22 is that new car prices are also on the rise. Probably not as good as youd like. It always seems like an uphill battle to build (and keep) a decent amount in savings. But what if your car breaks down, or you have a sudden medical bill? Ask one of these companies to help… You Are Now Working Remotely...

August 24, 2022 · 1 min · 203 words · Megan Weaver

So Your Kid Spent $200 in a Game? Here’s How to Set Up Parental Controls

Then a text from my wife came in: $200? On a video game? Do you know where this came from? Getty Images She was looking at our bank account online. My 11-year-old was still asleep. The 8-year-old was propped in the bonus room … playing said baseball game. Did you buy anything on that game this morning? No No Interest Til Almost 2027? Balance Transfer = Credit Card Cheat Code...

August 24, 2022 · 2 min · 337 words · Kurt Huber

Your Federal Student Loans Just Dropped by $10,000, What Should You Do Now?

After years of speculation, millions of student loan borrowers received some excellent news this week. The payment freeze has been extended again until Dec. 31, 2022, too. Bidens plan also includes a change that allows borrowers to protect more of their income from student loan payments. No Interest Til Almost 2027? What Should You Do if You Still Have Student Loan Debt? Say goodbye to your student loans forever. You could save money by consolidating or refinancing private loans though....

August 24, 2022 · 2 min · 258 words · Christopher Howard

$4 Billion in Student Loans Were Just Canceled. Here’s Who’s Affected

More student loan relief is coming for over 200,000 borrowers. The canceled debt amounts to nearly $4 billion for 208,000 borrowers. Probably not as good as youd like. It always seems like an uphill battle to build (and keep) a decent amount in savings. But what if your car breaks down, or you have a sudden medical bill? Ask one of these companies to help… Overall, the Biden Administration has now provided nearly $32 billion in loan relief for 1....

August 23, 2022 · 1 min · 128 words · Lindsay Fischer

4 Ways the Inflation Reduction Act Could Save You Money

President Joe Biden signed the Inflation Reduction Act into law on Aug. 16. Its unclear how effective the new law will be in actually tamping down record-high inflation. Here are four ways theInflation Reduction Actcould impact your familys finances. Want to see if you qualify for anelectric vehicle tax credit? Here’s everything you need to know. Our team has compiled alist of creative waysyou can fatten your bank account this week....

August 23, 2022 · 2 min · 225 words · Katherine Rodriguez

What’s the Best Time to Buy a TV? Exactly When You’d Think

But is now the best time to buy a TV? As with most electronics, TVs have sweet spots during the year when youllfind the best deals. Whats the Best Time to Buy a TV? Why do some times of year offer better deals than others? Well, manufacturers traditionally lower the price of TVs when new models hit the market. Retailers also promote products on shopping holidays, like Cyber Monday, Black Friday or Labor Day....

August 23, 2022 · 3 min · 532 words · Michael Davis

Explore the Windy City With These 44 Free Things to Do In Chicago

Quick Navigation Hanging out in Chicago can get pricey, depending on what you do. And with pricing rising all over the place, its harder than ever to stretch your dollar. But if your budget is tight, theres still plenty of fun to be had in the Windy City. Getty Images Weve rounded up 44 free things to do in Chicago so you might enjoy yourself while saving money. And bring a stash of masks, just in case....

August 22, 2022 · 7 min · 1375 words · Alexis Ramirez