Photo by goodluz / Shutterstock.com Deciding when to take Social Security is complicated in the best of times. But it can be even more difficult in the midst of a pandemic. The coronavirus outbreak has resulted in changes that might influence everything from your decision on when to claim benefits …
Read More »How to Teach Your Kids About Credit and Borrowing
As a father of three children, I find it very important to support them in a variety of different ways. One of the most important subjects I feel my kids need to know, they might not learn in the classroom — either online or in person. Teaching my kids about …
Read More »What to Do If Your Small Business Isn’t Insured for COVID-19
While small businesses are struggling to keep their doors open during the pandemic, some are turning to their insurance policies to help them stay afloat. But there’s one problem. Standard business interruption policies don’t cover COVID-19. “An exclusion for pandemic-caused losses — Exclusion of Loss Due to Virus or Bacteria …
Read More »Survey: 30% of Americans Think 2020 is an Ideal Time to Buy a Home, Despite Record Unemployment
The economic outlook in the U.S. isn’t so hot right now. A record-breaking number of Americans filed unemployment claims in recent months, the stock market is all over the place and the hits from the COVID-19 pandemic just keep coming. But despite the economic turmoil, a surprising number of Americans …
Read More »How to Cope With Financial Anxiety During the Pandemic
With millions out of work because of the COVID-19 pandemic, many Americans are worried about their finances right now. According to our recent survey conducted by The Simple Dollar, 62% of Americans have at least one major source of financial anxiety for the rest of 2020, with paying for groceries, …
Read More »How Would Biden’s Federal Credit Bureau Work?
In the United States, you need a good credit score to buy a home, get a credit card, qualify for good insurance, and in some cases, to get a job or rent an apartment. However, since credit scores were first introduced in 1989, many studies have argued they’ve widened the …
Read More »10 Things the Pandemic Is Making Obsolete
Drazen Zigic / Shutterstock.com Change is constant, and it may help to remember that as the coronavirus outbreak drags on. Even if a miraculous vaccine for COVID-19 is discovered tomorrow, it’s unlikely the world will ever slip back into all of its old habits and ways. From plexiglass separators in …
Read More »6 Burning Questions About Retiring and Investing, Answered
This week, we’re looking at reader questions about investing and retirement, including 529s, Roth IRAs and more. 1. When should retirement investments be low-risk?2. Is passive investing bad?3. 529 or Roth IRA?4. How to invest for a down payment5. Books to read about investing6. Are collectibles an investment? Q1: When …
Read More »The No. 1 Thing Retirees Want to Ask Financial Advisers
Photo by goodluz / Shutterstock.com The financial decisions you make today can change the way your life looks for many tomorrows to come. A good financial adviser can keep you on the right course, and stop you from panicking when the investing environment turns stormy. For that reason, 63% of …
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