Fed Raises Interest Rates to 22-Year High
At the end of the Federal Reserve’s July 2023 meeting, the Federal Open Market Committee (FOMC) announced interest rates would … Read More
Report: Child Care Unaffordable for Majority of US Families
Child care is unaffordable for the majority of U.S. families, particularly low-income and middle-class households, according to the recent Care.com … Read More
Report: Americans Overwhelmingly Relying on High-Interest Debt
Between inflation and a turbulent economy, American consumers are rapidly accruing debt, increasingly turning to high-cost credit options, and beginning … Read More
Fed Keeps Interest Rates Steady, Hints Future Increases Likely
After ten straight increases, the Federal Reserve announced during its June 13-14 meeting that interest rates would not increase, at … Read More
Is Student Loan Consolidation Right for Me?
If you are struggling to afford your monthly student loan payments, if you are overwhelmed trying to keep track of … Read More
How the Federal Debt Limit Affects Your Money, Credit Card Debt
Just like you have a spending limit on your credit card, the U.S. Federal Government has a spending limit known … Read More
Student Loan Repayments Resume This Summer: Is Your Budget Ready?
Update: On June 30, 2023, in a 6-3 vote, the Supreme Court blocked the Education Department from canceling up to … Read More
Majority of Americans Worried About Lack of Emergency Savings
How much money do you have in your emergency savings account? Is it enough to cover your living expenses if … Read More
Consumers Turn to Side Hustles to End Paycheck-to-Paycheck Living Cycle
In February 2023, 62 percent of adult U.S. consumers were living paycheck-to-paycheck, according to a March 2023 report from LendingClub … Read More
March 2023: Fed Raises Interest Rates, Hints at Slowing Future Rate Increases
The Federal Reserve announced it raised interest rates by a quarter of a percentage point during its March 22, 2023, … Read More
Fed Raises Interest Points 0.25% to Kick Off 2023
On Wed., Feb. 1, 2023, The Federal Reserve raised interest rates by 25 percentage points. Although the latest interest rate … Read More
$1,000 Monthly Car Payments: Is This Our New Normal?
Have you tried to purchase a new or used car recently? Count yourself lucky if you haven’t – new research … Read More