Before you start counting all the ways you’d use the $211 million Mega Millions jackpot if you’re lucky enough to win, remember that a hefty chunk of the bonanza goes to Uncle Sam. The game’s top prize has been climbing since late July, when a single ticket sold in New Hampshire matched all six numbers
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When it comes to healthy financial habits, tapping your income ahead of payday is an old-school red flag. However, a growing number of companies, including Walmart, are giving advances by offering what’s now called “accelerated pay.” As a perk, roughly 12% of companies include accelerated pay as another way of luring job candidates as wages
Self-made billionaire Warren Buffett has been called the greatest investor in the world. So it should come as no surprise that the Berkshire Hathaway CEO has scores of investors hoping to follow in his footsteps by adopting his investing principles. Former hedge-fund manager and Buffett follower Whitney Tilson attributes the 89-year-old’s success to his “off-the-charts
Source: Twenty/20 College graduates in 2018 are even deeper in debt than prior classes, signalling that the student loan crisis is swelling. Two in 3 college graduates in 2018 had borrowed for their education. The average graduate owed $29,200, up from $28,650 in 2017, according to a report by The Institute for College Access &
gilaxia | iStock | 360 | Getty Images Chances are that you’re overlooking a major retiree health care expense — and it’ll take a bite out of your pocket book. It’s the cost of dental care. In all, 27 million people — nearly 2 out of 3 Medicare beneficiaries — have no dental coverage, according
For consumers, lower rates do mean cheaper loans, which can impact your mortgage, home equity loan, credit card, student loan tab and car payment. On the flip side, consumers likely will earn less interest on their savings accounts, and in some cases, lose buying power over time. Here’s a breakdown of how it works: Credit
Tereza | Twenty20 As the Federal Reserve lowers rates, it’s a good idea to make sure your savings are still getting the biggest boost. The central bank cut its benchmark short-term interest rate by a quarter of a point. In July, the bank cut rates for the first time since the Great Recession. As a
If Tesla has your car-loving heart, it now wants your auto insurance business, too. The electric auto manufacturer has waded into the insurance business with a program in California — its largest market — and plans to expand to other states in the future. While the company says its rates could be as much as
It’s the night before a school field trip, and your son or daughter suddenly remembers they need cash for the next day. Do you have the money in your wallet? Or do you need to make a light-night stop at an ATM or have another child temporarily lend them the money? Nicholas Prior | Getty
Personal finance website WalletHub has ranked 182 U.S. cities for their “fun” factor, weighing entertainment, recreation and nightlife options against local costs. Fun is no joke when it comes to household budgets. According to the Bureau of Labor Statistics, the average American spent $3,226 on entertainment in 2018, a 0.07% rise over 2017. From 2016