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January 20, 2021

Income disparity

Biden wants to increase stimulus checks to $2,000. Here’s what we know about those payments

CNBC – For more and to sign up click here U.S. President-elect Joe Biden at a drive-in rally in Atlanta on Jan. 4, 2021. Jonathan Ernst | Reuters The push for $2,000 stimulus checks just got stronger. President-elect Joe Biden unveiled his stimulus plan in a speech on Thursday night......

$2,000 or $600 stimulus checks? How far each would go toward paying the rent

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Handmade signs litter the ground after an anti-eviction protest outside a Mount Rainier, Maryland, apartment complex on Aug. 10, 2020. Leah Millis | Reuters Second stimulus checks are in the works for millions of Americans. Now, Congress and President Donald Trump must agree: Should those payments be $600 or $2,000......

Most savers resist temptation to raid their 401(k) plans amid Covid hardships

CNBC – For more and to sign up click here People taking advantage of temporary CARES Act rules that allowed for easier loans and distributions from 401(k) retirement plans increased slightly through November, a month before the Dec. 30 cutoff. As many as 1.4 million people have taken a CARES......

Some might not receive a $600 stimulus check this time around. Here’s why

CNBC – For more and to sign up click here Second stimulus checks are coming. But some people could be surprised to find out they may not be eligible for the money this time around. The latest coronavirus relief deal from Congress includes $600 stimulus checks per person, half of......

Second stimulus checks will help, but U.S. income crisis runs much deeper than Covid

CNBC – For more and to sign up click here High school junior Cassandra, 16, does homework from a remote learning class on October 07, 2020 in Phoenix, Arizona. The straight-A student’s family had narrowly escaped eviction from their RV park earlier in the day. “The trauma and losses kids......

People do crazy things with money. Avoiding these blind spots can help prevent future regrets

CNBC – For more and to sign up click here AscentXmedia | iStock | Getty Images When it comes to managing money, most everybody has doubts as to whether they’re doing it right. So you may breathe a sigh of relief to know that no one is crazy, according to......

Missouri Republican Sen. Hawley unveils plan for second $1,200 stimulus checks

CNBC – For more and to sign up click here U.S. Senator Josh Hawley (R-MO) attends a confirmation hearing of Judge Amy Coney Barrett on Capitol Hill in Washington, D.C., October 12, 2020. Susan Walsh | Pool | Reuters As questions loom on Capitol Hill over whether or not there......

How long it could take to knock down your credit card debt if you pay 15% of your monthly income

CNBC – For more and to sign up click here It’s no secret that credit card debt is a burden. But knocking down those balances may be easier or harder, depending on where you live. Research from CreditCards.com takes a look at the total credit card balances in each state......

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