Franckreporter | E+ | Getty Images People can easily fall into “false financial comparisons,” a scenario in which we believe we can afford the same lifestyles people we perceive as “just like us” have, said author Manisha Thakor in her new book, “MoneyZen: The Secret to Finding Your ‘Enough.'” A certified financial planner, Thakor noticed
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President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Social Security has reached a milestone — its 88th birthday. On Aug. 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. With that law, a social insurance program to
The Biden administration released new guidance Monday on how colleges can “lawfully achieve a diverse student body” in the wake of the Supreme Court‘s ruling striking down affirmative action. In a “Dear Colleague” letter and a questions and answers page, the U.S. Department of Education outlined what policies and practices for promoting a diverse student body remain
Rome ranked second on a recent list of best travel destinations for a digital detox. Piola666 | E+ | Getty Images Despite inflation, Gen Z and millennials are determined to travel this summer, even if it means spending a bit more. While almost two-thirds, or 73%, of people are willing to pay extra fees for
Astra Taylor Source: Isabella De Maddalena In 2014, Astra Taylor co-founded the Debt Collective, the first union for debtors. Since then, one of her main goals has been to get student debt canceled. The last year or so has been bittersweet: First, in what felt like a major victory, President Joe Biden announced that he’d
As Americans increasingly lean on credit to make ends meet, new reports show signs of potential problems ahead. Total credit card debt surpassed $1 trillion for the first time ever, the New York Federal Reserve reported Tuesday. Credit card balances are up almost 20% from a year ago, according to a separate quarterly credit industry insights
D3sign | Moment | Getty Images Annual inflation rose slower than expected in July, a welcome sign for consumers who have been grappling with high costs. But many Americans are still feeling the sting of essential expenses like shelter and energy. The consumer price index rose 0.2% for the month and 3.2% from one year
Jacob Wackerhausen | Istock | Getty Images With other household debt on the rise, the restart of student loan payments in less than two months may cause financial hardship for many Americans. The pause on federal student loan payments is one of the last pandemic-era relief measures still in effect, but the bills are expected
Maryviolet | Istock | Getty Images Research suggests it’s best to hold off on claiming Social Security retirement benefits until age 70, if possible, to get the biggest monthly payments available to you. However, just 10% of nonretired Americans plan to wait until that age to start their monthly benefit checks, a new survey from
vchal | Getty Images Between 2000 and 2016, long working hours led to a 42% increase in deaths from heart disease, and a 19% increase in deaths from stroke, according to a 2021 report from the World Health Organization and the International Labour Organization. The bulk of 745,000 deaths in 2016 from such causes were