The Latest Debt & Finance Blog

How to Survive Inflation

By Bill Fay | July 22, 2022

With a nod to Mark Twain, inflation has replaced the weather as the thing everyone talks about it, but nobody seems to do anything about it. Until now. Not that…

The Great Resignation: Why Is It Happening?

By Bill Fay | February 8, 2022

America has turned into a nation of quitters, though that’s not necessarily a bad thing. Spurred by the COVID pandemic, millions of people have joined “The Great Resignation” that’s happening…

How to Pay Off That Pandemic Credit Card Debt

By Guest Author | November 22, 2021

Credit card use has increased as the nation continues to work its way out of the pandemic. According to the Federal Reserve Bank of New York, credit card bills rose…

How to Get a Refund on Your Student Loan Payments During COVID-19

By Bill Fay | May 3, 2021

The rules governing repayment of federal student loans contain so many nooks and crannies that it shouldn’t come as a surprise that you may have missed one created during the…

Will There Be a Fourth Stimulus Check?

By Maureen Milliken | April 21, 2021

Is there a fourth stimulus check on the way? The success the federal government has had in helping Americans endure the economic disarray caused by the COVID-19 pandemic has prompted…

Third Stimulus Check

By Bill Fay | March 10, 2021

The average Joe – not Biden – figures to benefit most from passage of the $1.9 trillion American Rescue Plan. Approximately 145 million Americans will receive a third round of…

$15 Minimum Wage Increase: Will It Happen?

By Bill Fay | February 10, 2021

Biden wants the minimum wage – currently set at $7.25 an hour – to jump to $15 an hour by 2025. The increases would be phased in at approximately $1.75…

Details on the American Rescue Plan

By Bill Fay | January 14, 2021

President-elect Joe Biden unveiled the American Rescue Plan, a $1.9 trillion war on the prolonged suffering of Americans hardest hit by coronavirus. Included in his proposal: a fresh round of…

Covid-19 Relief Bill

By Bill Fay | December 30, 2020

The second COVID-19 relief bill is now law – all 3,126 pages of it. The people in Congress who passed it admit they don’t know what all is in it,…

Second Stimulus Check Update

By Bill Fay | December 29, 2020

If you haven’t looked at your bank account this week, now might be a splendid time. The long wait for a second stimulus check from the U.S. government finally is…

Sources:

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  2. Fox, M. (2022, March 14) Inflation is costing U.S. households nearly $300 more a month. Here’s how to adjust your budget. Retrieved from https://www.cnbc.com/2022/03/14/inflation-is-costing-us-households-nearly-300-more-a-month.html
  3. Nielo, D. (2021, January 18) 6 Apps to Help You Trim Down Subscriptions — and Save Money. Retrieved from https://www.wired.com/story/6-apps-cancel-subscriptions-save-money/
  4. Lake, R. and Foreman, D. (2021, December 28) How To Budget For Inflation And Higher Prices. Retrieved from https://www.forbes.com/advisor/banking/how-to-budget-for-inflation/
  5. Adamczyk, A. (2022, May 26) Inflation is busting everyone’s budget. Try these 7 money-saving strategies. Retrieved from https://fortune.com/2022/05/26/ways-to-protect-your-money-from-inflation/
  6. Iacurci, G. (2022, June 1) The job market is still hot — for now. Retrieved from https://www.cnbc.com/2022/06/01/the-job-market-is-still-hot-for-now.html
  7. Kenkare, P. (2022, June 17) Ask for a Raise the Right Way: 7 Expert Tips to Actually Getting One. Retrieved from https://www.cnet.com/personal-finance/ask-for-a-raise-the-right-way-7-expert-tips-to-actually-getting-one/
  8. Schulz, M. (2022, June 15) Average Credit Card Interest Rate in America Today. Retrieved from https://www.lendingtree.com/credit-cards/average-credit-card-interest-rate-in-america/
  9. Reinicke, C. (2022, June 22) Average credit card interest rates have topped 20%. Here’s how to pay down that debt fast. Retrieved from https://www.cnbc.com/2022/06/22/how-to-pay-down-credit-card-debt-with-a-20percent-interest-rate.html
  10. Glantz, J. (2022, April 22) I asked financial planners how to protect my cash during inflation, and got 5 smart pieces of advice. Retrieved from https://www.businessinsider.com/personal-finance/changes-money-right-now-survive-inflation-2022-4
  11. Wolfson, A. (2022, June 15) With inflation at a 40-year high, 5 financial pros share how to invest and save during times of high inflation. Retrieved from https://www.marketwatch.com/picks/inflation-is-at-a-40-year-high-10-tips-from-the-pros-on-how-to-invest-and-save-during-times-of-high-inflation-01644507163
  12. Fox, M. (2022, June 23) Suze Orman: Series I bonds are the one investment every person should have right now. Retrieved from https://www.cnbc.com/2022/06/23/suze-orman-i-bonds-are-the-one-investment-everyone-should-have-right-now.html
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  15. Ballentine, C. And Wells, C. (2022, May 11) How to Save Your Budget With Inflation Running Hot. Retrieved from https://www.bloomberg.com/news/articles/2022-05-11/how-to-survive-inflation-avoid-surging-plane-tickets-to-save-your-budget