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July 11, 2020
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Coronavirus: Personal Finance

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Fewer Americans may get a second stimulus check. What we know about the next round of payments

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Your income took a hit. Now what?

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How to shore up your finances if you lost income due to Covid-19 SEARCH QUOTES CNBC – For more and to sign up click here...
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Here’s what visiting a theme park is like in the age of coronavirus

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CNBC – For more and to sign up click here Here’s what visiting a theme park is like in the age of Covid-19 SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Refinancing your mortgage could put cash in your pocket — here’s how to find out if it’s right for you

CNBC Real Estate
With mortgage rates at record lows, it’s no wonder many Americans are refinancing their homes. Add to that the coronavirus pandemic and the economic recession, and the need to find extra cash or to cut expenses becomes even greater. In fact, refinance applications are 74% higher than a year ago,......
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Condo or on-campus? Covid-19 changes the game for the parents of college kids

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CNBC – For more and to sign up click here When Diane Pearson’s sons both attended Robert Morris University, buying a condo for them in the suburb of Pittsburgh made financial sense. Pearson, who is a certified financial planner, took out a home equity line of credit to purchase the......
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Before you hit the highway, here are the ins and outs of road trip insurance

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CNBC – For more and to sign up click here The seemingly endless nationwide pandemic lockdown has resulted in a lot of pent-up travel demand. As the second major long holiday weekend of summer gets underway, people looking to celebrate Independence Day are getting in their cars and campers for......
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What military veterans need to know as the coronavirus pandemic continues

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CNBC – For more and to sign up click here Military veterans, like many Americans, are struggling to find work as the coronavirus pandemic stretches on. While vets’ June unemployment rate is lower than the overall number, at 8.6% compared to 11.1% for the general population, it is still at more......
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This Uber Eats driver is on track to make $100,000 a year – here’s how he’s doing it

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CNBC – For more and to sign up click here Sam Lyon likes a good challenge.  And when his new job fell through because of a coronavirus hiring freeze, Lyon wanted to aim high. That’s when Lyon, 26, decided to create what he calls the “Uber Eats Challenge.” The Salem,......
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Need money? Find cash in these unexpected places

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CNBC – For more and to sign up click here As the coronavirus pandemic stretches on and the U.S. economy remains mired in a recession, many Americans may be struggling to come up with cash.  Almost half of the population is still out of work, according to the Bureau of......
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These 4 numbers show the dramatic racial economic inequality in the U.S.

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It’s impossible to think about racial injustice in the U.S. without looking at the distribution of dollars.  In many ways that Americans work to establish themselves financially — through the stock market,  net worth and homeownership — Black families trail White families. “To put it simply, we don’t have a level playing field,”......
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Lights! Camera! Action! How to ace your video interview and get the job offer

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CNBC – For more and to sign up click here When it comes to interviewing for a job, it’s a whole new world these days. In-person meetings are gone, replaced by virtual ones. “Due to the [coronavirus] pandemic, when things shifted overnight a few months ago, everyone shifted to Zoom......
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Op-ed: Financial professionals need to keep investors safe in these unprecedented times

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CNBC – For more and to sign up click here The economic crisis caused by the coronavirus outbreak is  anything the world has ever experienced. Unlike the recession in the 1980s, the bond collapse of 1994, the Asian currency crisis or the 2008 subprime mortgage disaster, this is not a......
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What you need to know if you’re planning to claim Social Security retirement benefits during Covid-19

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CNBC – For more and to sign up click here PeopleImages | E+ | Getty Images Deciding when to take your Social Security retirement benefits is a crucial decision no matter when you make it. Making that call during the coronavirus pandemic can raise the stakes. That’s because the age......
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Here’s what checking into a hotel is like in the age of Covid-19

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CNBC – For more and to sign up click here The reception desk at luxury boutique property Diamond Mills Hotel & Tavern in Saugerties, New York, features sneeze guards. Guests and staff must wear face masks in public areas. Gina Hornbeck/Diamond Mills Hotel & Tavern Like most components of travel......
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They were struggling to repay their student loans before the pandemic. Now it’ll get worse

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CNBC – For more and to sign up click here Sam Seagraves Source: Sam Seagraves Almost all of the money Sam Seagraves used to make as an actor in Portland, Oregon, went toward her monthly student loan bill of $1,083.  Then the coronavirus pandemic hit. With many production companies postponing or......
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About $1.4 billion in stimulus checks sent to deceased Americans

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CNBC – For more and to sign up click here The federal government has sent stimulus checks of up to $1,200 to millions of Americans — including deceased individuals. A new report from the Government Accountability Office finds that about 1.1 million payments, totaling almost $1.4 billion, mistakenly have been sent......
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Nearly 1.1 million Americans on unemployment face risky jobless period

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CNBC – For more and to sign up click here Hundreds of unemployed workers wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II | Getty Images More than 1 million Americans have started dipping......
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Cramer sees troubling signs for the market, says it’s OK to sell some winners and make money

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CNBC – For more and to sign up click here CNBC’s Jim Cramer said Wednesday that he thinks investors are smart to take some profits after the stock market’s strong rise from its coronavirus lows.  The S&P 500 was up more than 40%, as of Tuesday’s close, from its March 23 intraday......
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Here’s a scientific way to make better investment decisions

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CNBC – For more and to sign up click here Seeing your portfolio dip can lead to costly mistakes.  John Forlines III, a professor of economics at Duke University, says that humans are hardwired to rely on certain behaviors when making decisions. Understanding these tendencies, especially when there are large......
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Op-ed: The CARES Act makes it easier to tap your 401(k). Here’s exactly what you need to know before you do

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CNBC – For more and to sign up click here The Covid-19 pandemic has revealed how close so many Americans are to severe financial insecurity. Over these past four months, millions of American workers have experienced sudden and unexpected losses of their primary sources of income, either temporarily or, for......

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