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June 9, 2021

Family finances

As Clover Health joins the ‘meme stock’ trend, here’s what investors need to watch out for

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CNBC – For more and to sign up click here d3sign | Moment | Getty Images Individual investors glued to social media helped push the shares of one new company name — Clover Health — up more than 100% on Tuesday. Yet when it comes to the broader markets, the......

The IRS is sending letters to more than 36 million families who may be eligible for the new monthly child tax credit

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CNBC – For more and to sign up click here Uwe Krejci | DigitalVision | Getty Images The IRS on Monday announced it has started sending letters to more than 36 million American families who may be eligible for the expanded child tax credit and monthly payments set to begin......

Advisors pivot to cryptocurrencies as clients want in on the action

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CNBC – For more and to sign up click here Thomas M. Barwick | Getty Images As investors become more interested in cryptocurrencies, financial advisors are feeling a new urgency to offer the investments to clients. About 49% of advisors said clients have asked about cryptocurrencies in the past six......

Parents should start planning now for July 15 start of monthly child tax credit payments

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CNBC – For more and to sign up click here lisegagne | E+ | Getty Images Parents anxiously awaiting the July 15 start of the monthly child tax credit payments should start planning how they’ll use the extra money now. The child tax credit got a boost from the American......

Teachers strive to bring more parents into personal finance education

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CNBC – For more and to sign up click here Students wearing protective masks raise their hands in a classroom as a teacher gives a lesson remotely at a public charter school in Provo, Utah, U.S., on Thursday, Aug. 20, 2020. George Frey | Bloomberg via Getty Images It’s a......

Still missing a stimulus check? What to know about claiming the funds

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CNBC – For more and to sign up click here The U.S. government has sent billions of dollars in stimulus checks to Americans since the onset of the Covid-19 pandemic. Yet some people may still be asking, “Where is my money?” If you feel that you may have been left......

Rent out your pool and swim in profits? Check your insurance before diving in

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CNBC – For more and to sign up click here Along with Clorox wipes and toilet paper, the demand for backyard swimming pools has skyrocketed since the start of the pandemic. Across the country, swimming pool and hot tub suppliers struggled to meet a sudden wave of demand. But putting......

New batch of $1,400 stimulus checks includes more payments for people who recently filed their tax returns

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CNBC – For more and to sign up click here kate_sept2004 | E+ | Getty Images A sixth batch of $1,400 stimulus checks has gone out, bringing the total number of payments sent to date to about 161 million. More than $379 billion has been sent to Americans via direct......

Covid-19 prompted the government to send Americans unprecedented financial help. How that could shape future aid

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CNBC – For more and to sign up click here Halfpoint Images | Moment | Getty Images Millions of Americans have received some form of financial support from the government to help them get through the Covid-19 pandemic. The coronavirus has prompted the federal government to send three sets of......

$1,400 stimulus checks could be garnished. Some lawmakers are pushing to change that

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CNBC – For more and to sign up click here As the government pushes millions of $1,400 stimulus checks out the door, some Americans could come up empty handed. The reason: overdue unpaid debts. The issue prompted Capitol Hill lawmakers to enter into a crossfire of sorts on Thursday over......

New $3,000 child tax credit might not come with monthly payments, IRS says

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CNBC – For more and to sign up click here Marko Geber | DigitalVision | Getty Images The child tax credit payments authorized in the latest Covid relief bill may not be sent monthly and may not even start in July, IRS Commissioner Charles Rettig said. The $1.9 trillion American......

Biden has promised not to raise taxes on people earning less than $400,000. What changes he could push for instead

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CNBC – For more and to sign up click here US President Joe Biden speaks on the anniversary of the start of the Covid-19 pandemic, in the East Room of the White House in Washington, DC on March 11, 2021. Mandel Ngan | AFP | Getty Images With the latest......

31% of young adults relocated during Covid. But they aren’t giving up on cities altogether

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Morsa Images | Getty Images A pandemic migration has been underway, at least for young adults ages 18 to 31. That’s according to a Bankrate.com survey that found 31% of people in that age cohort relocated either permanently or for an extended period of time during the pandemic. That’s compared......

Sen. Joe Manchin open to party-line vote on future bills with voting rights legislation now in focus

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CNBC – For more and to sign up click here Senator Joe Manchin (D-WVA) removes his mask to speak as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, December 1,......

New stimulus proposals look like a guaranteed income experiment. Early results show whether it will work

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CNBC – For more and to sign up click here New York City housing advocates and tenants march to demand Gov. Andrew Cuomo cancel rent amid the pandemic on Oct. 10, 2020. Andrew Lichtenstein | Corbis News | Getty Images The new federal coronavirus relief bill that’s poised to be......

Bitcoin is cratering again, showing why people should be cautious before investing in cryptocurrency

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CNBC – For more and to sign up click here In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin‘s roller-coaster ride has continued, flashing a......

New $1,400 stimulus checks could be coming. What we know about how soon they may arrive

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CNBC – For more and to sign up click here Hill Street Studios | DigitalVision | Getty Images As Congress works to hammer out a deal for a new coronavirus relief bill, that could mean new stimulus checks for millions of Americans. New $1,400 direct payments are among the aid......

A new child tax credit expansion could provide monthly income. Some question whether the help is too much or too little

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CNBC – For more and to sign up click here Halfpoint Images | Moment | Getty Images A Democratic proposal to expand the child tax credit for one year could give qualifying families up to $300 per child per month. But like all direct payments made by the government as......

As House Democrats push for $1,400 stimulus checks, deciding who qualifies could change

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CNBC – For more and to sign up click here Stimulus checks printed at the Philadelphia Financial Center in Philadelphia. Jeff Fusco | Getty Images As a $1.9 trillion coronavirus relief package comes together on Capitol Hill, millions of additional direct payments to Americans could be in the works. Legislation......

New child tax credit proposals could give families more money than the $1,400 stimulus checks

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CNBC – For more and to sign up click here Many Americans are eager to see more money from the federal government in the form of $1,400 stimulus checks. But another part of Democrats’ $1.9 trillion coronavirus relief package, changes to the child tax credit, could actually give qualifying families......

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