Dear Penny: Can I Dump My Deadbeat Boyfriend and Keep His House?

Real Answers for Life’s Money Challenges Im not married but have been with my boyfriend for 16 years. We have two children and a home that was purchased seven years ago in his name. He is very irresponsible with his credit and spending. A year and a half ago, he purchased a food truck, which he hasnt operated. Hes been paying storage fees to park the truck for a year....

June 6, 2021 · 3 min · 439 words · Mrs. Meghan Goodman

At Least 25 States Are Slashing Unemployment Payments — Here’s What To Do

Split the United States in half. (Hey, no judgment here the Penny Hoarder is based in one of those states.) 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… Whats Your State Doing? First, lets see what your state is up to....

June 4, 2021 · 3 min · 598 words · Joshua Wolfe MD

More Than Half of Us Don’t Keep a Budget or Know How Much We Spend

Never jumped on the budgeting bandwagon? A similar 56% of survey respondents said they didnt know how much money they spent last month. But theres a good case to be made for tracking your money. Feeling overwhelmed? Create a budget that works for you with ourbudgeting bootcamp! Just 6% of Americans said they dont budget because they know theyll overspend anyway. 7 Ways to Make Money if You Hate People Do you avoid people too?...

June 4, 2021 · 2 min · 242 words · Molly Singh

Starting a Fashion Blog Can Lead to Making Money on Instagram — We Tell You How

Fashion is the most active sector on Instagram, leading food by nearly 2 to 1. Our team has compiled alist of creative waysyou can fatten your bank account this week. This is a long list, so dont get overwhelmed. Well keep it updated as offers changes or expire. It sold at more than 185 retailers and sold 50% of the inventory in the first week. Another big name in the industry is Wendy Nguyen, founder of the blogWendys Lookbook....

June 4, 2021 · 2 min · 258 words · Lisa Morris

There’s a 1 in 4 Chance Your Partner Is Hiding This Money Secret From You

Splurging, it seems, is a lot of peoples dirty little secret. Of those, 57% were women. What is it that causes us to be so secretive about our spending? No Interest Til Almost 2027? People dont like to discuss money, and I think that needs to stop. Orienting money conversations around shared goals can help couples nix the secret spending. Broke Millennial Talks Money author Erin Lowry recently spoke with The Penny Hoarder abouthaving tough financial conversations....

June 4, 2021 · 1 min · 211 words · Savannah Chavez

Eviction Moratorium Ending but You Can Get Rent Assistance in 48 States

The CDCs eviction moratorium ends on July 31, 2021. The moratorium was set to expire at the end of June but was extended at the final hour. The agency has said this will likely be the final extension. Stephanie Ferguson sits in her vehicle at a drive-up site as she fills out an application for the Emergency Rental Assistance Program, a one-time benefit to help with one month’s rent offered by Miami-Dade County, during the coronavirus pandemic, Thursday, July 16, 2020, in Miami....

June 3, 2021 · 5 min · 945 words · James Kelly

Want to Boost Savings? Apply for an Individual Development Account

Interest rates are incredibly low right now. Thats good news if youre applying for a mortgage. But its terrible news if youre looking for a high-yield savings account. According to the FDIC, the average interest rate on savings accounts is 0.06%. But what if we told you there was a savings account that could immediately sextuple your money? Thats your balance times six! For every dollar saved, youd receive $5 in matching funds?...

June 3, 2021 · 4 min · 814 words · James Matthews

Dear Penny: Can You Get $250/Month Child Credit if Your Only Income Is SSI?

Real Answers for Life’s Money Challenges My daughter is disabled and her only income is SSI. Her 6-year-old son is also partially disabled, having autism and ADHD. Can she take advantage of the new child tax credit that starts in July? J. Dear J., Yes, it sounds like your daughter will qualify for the expanded child tax credit. But in 2021, the rules are different. You dont need earned income to qualify for the credit....

June 2, 2021 · 2 min · 330 words · Samantha Sims

Who’s Paying for What: Negotiate Reimbursements if Boss Gives up Office for Good

But employees arent the only ones. Is your company jumping on the bandwagon and considering apermanent work-from-home option or requirement after the pandemic? Dont get stuck shouldering the costs. Getty Images What Can a Remote Work Stipend to Pay For? No Interest Til Almost 2027? Think about the chair youll be sitting in and the desk you need. Do you need a license to use necessary software on your personal computer?...

June 2, 2021 · 2 min · 326 words · Alexander Santana

Defeat the Post-Pandemic Urge to Overspend With These 5 Tips

The weather is nice. Vaccinations are widely available. Now feels like the perfect time to go out and … spend money. What Is Revenge Spending? Its overspending fueled by vengeance. To make up for cancelled trips, you plan a lavish, overseas vacation. 7 Ways to Make Money if You Hate People Do you avoid people too? Enough small talk.Here are some waysto earn extra cash, without all of the social stuff....

May 31, 2021 · 2 min · 285 words · Elizabeth Long

Is the Market Too Risky for You? Four Factors to Help You Decide

Maybe you got a $1,000 bonus from work or a windfall from a recently departed relative. Can you make more of it in the stock market? But is it too late? Should you be worried about the money youve already invested? Markets occasionally get overheated or panicky. Thats not a bad thing. Its what makes it possible to earn many happy returns. Unfortunately, its hard to time the market. But its always fun to try....

May 31, 2021 · 2 min · 416 words · Yvonne Mann

You Could Become a Lifeguard and Make Up to $30 an Hour This Summer

Grab your shades, sunscreen and whistle. Some are offering free training, which takes 25 to 40 hours. Other employers are raising hourly pay to $10 to $30. Photo courtesy of YMCA We have raised wages at all our parks… It takes more than superior swimming skills to get a job as a lifeguard, however. Our team has compiled alist of creative waysyou can fatten your bank account this week. This is a long list, so dont get overwhelmed....

May 31, 2021 · 2 min · 238 words · Ronald Hudson

Dear Penny: How Much Do I Spend on My New Co-Worker’s Wedding Gift?

My question is: What is the appropriate amount to contribute to the collective gift? Are directors expected to give more even if they dont work directly with the recipient? No one on staff is invited to the wedding as a guest since we dont know her well enough. Here arethe biggest money secretsthat can help you stop wasting precious funds and get your finances back on track. Whats your take on this?...

May 30, 2021 · 2 min · 351 words · Kelly Jones