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July 6, 2020
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Freelancer? Independent contractor? You’re eligible for this $1,000 grant from the government

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CNBC – For more and to sign up click here One of the small-business loan relief programs included in the historic stimulus package Congress passed in March contains a provision that many gig workers and freelancers might have overlooked. They’re eligible for a $1,000 grant that doesn’t need to be......
CNBC - Real Estate

‘Interest-only’ mortgages might make sense in some situations, but beware the risks

CNBC Real Estate
If you’re in the market for a house and are considering an “interest-only” mortgage, proceed with caution. With tightened lending standards amid ongoing economic uncertainty — coupled with continually rising home prices and persistent low interest rates — some borrowers may gravitate to these so-called interest-only loans, experts say. These......
CNBC - Real Estate

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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Millennials are piling into stock trading in Asia. Here’s how to make the most of your money

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CNBC – For more and to sign up click here Stock markets have been rallying in the wake the coronavirus pandemic, and that has many young people looking for opportunities to put their cash to work and start investing for the first time. Last week, major U.S. indices recorded their......
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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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Pay using cash, debit or credit? Here’s how to make the right spending decision

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CNBC – For more and to sign up click here Cash or credit? Despite the recent decline in cash transactions due to Covid-19 fears, both cold, hard cash and credit each have a place in our purchasing habits.  If you’re concerned about catching Covid-19 from handling cash, you can opt......
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Here’s an easy, low-cost way to build a retirement plan like the pros

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CNBC – For more and to sign up click here Saving for retirement can be hard. Planning how to spend that nest egg — while ensuring the money doesn’t run out — is harder. But there’s good news: Americans can build a simple, low-cost retirement plan using just Social Security and savings,......
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If you miss travel, road trips could be your key to safer summer getaways

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CNBC – For more and to sign up click here Pandemic first-aid kit You need seven things, according to Jeff Weinstein, a paramedic and medical operations supervisor for Global Rescue, which provides medical and crisis response service to travelers.  It’s likely you already have three: masks, hand sanitizer and disinfectant wipes.......
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Where you bank can make a big difference for racial justice

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CNBC – For more and to sign up click here One analysis found that more than 40% of CDFI’s loans and investments are in majority-minority communities. LeoPatrizi Consumers can push for racial justice – and it’s as simple as opening an account at a community bank or credit union that......
CNBC Business

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......
CNBC Business

Here’s how much you need to put in a 529 savings plan every month to send your kid to NYU debt-free

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CNBC – For more and to sign up click here NYU estimates it will cost students more than $78,000 to attend the school in 2020-2021. That includes tuition, fees, textbooks and room and board. But that’s not the price you will pay in 18 years. CNBC ran the numbers, and......
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Air travel in six months: What it will look like

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CNBC – For more and to sign up click here Summer vacations used to mean wine tasting in Tuscany, backpacking in Southeast Asia or trips to the Grand Canyon. But fears that airplanes could be a breeding ground for Covid-19 infections have wreaked havoc on the air travel industry. “This......
CNBC Business

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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How this 23-year-old CEO turned her dorm room side hustle into a business bringing in $1 million

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CNBC – For more and to sign up click here My journey as a beauty entrepreneur started in my dorm room at Howard University. When I began college, my plan was to follow in my father’s footsteps and become a surgeon. But I soon discovered I wasn’t as excited about......
CNBC Business

17.6 million unemployed Americans probably won’t return to their pre-pandemic jobs

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CNBC – For more and to sign up click here Just over 1 in 10 Americans who are out of work because of the coronavirus pandemic don’t have a good chance of getting called back to their old jobs, according to recent research from the Economic Policy Institute, a left-leaning......
CNBC Business

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......
CNBC Business

This is what unemployment benefits will look like without that extra $600 a week

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CNBC – For more and to sign up click here Hundreds of unemployed Kentucky residents 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 The financial aid that jobless workers have been receiving......
CNBC Business

The wealthy are prepping for tax increases with these three strategies

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CNBC – For more and to sign up click here The wealthy are preparing for tax increases, working with their accountants to give away money or shift their income to avoid some of the impact of higher rates. With rising deficits at the state and federal levels, as government spending......
CNBC - Real Estate

These 4 numbers show the dramatic racial economic inequality in the U.S.

CNBC Real Estate
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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