蘑菇影院

Financial Wellness

US agency says apps that let workers access paychecks before payday are providing loans

The Consumer Financial Protection Bureau says apps that allow workers to access their paychecks in advance, often for a fee, are providing loans and therefore subject to the Truth in Lending Act.

Amazon Prime Day deals are almost here. Should you take advantage of them?

Groceries are expensive, but they don鈥檛 have to break the bank. Here are some tips to save

Starting your first post-graduation job? Here鈥檚 how to organize your finances

Credit card delinquencies are rising. Here鈥檚 what to do if you鈥檙e at risk

Content creator pledges 鈥榥o-buy year鈥� to curb overspending

Elysia Berman decided she needed to drastically change her spending habits after she accumulated a collection of vintage designer clothing and a five-figure credit card debt. Her solution? A yearlong no-buy pledge. (蘑菇影院 video: Emma H. Tobin)

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Tempted to try a no-buy year? Here are tips from people doing it

Many people start no-buy challenges at the beginning of the year and commit to keep going until the end of it.

People are embracing the 鈥榥o-buy year鈥� to save money and the environment

The self-imposed rules of a no-buy challenge are simple: participants pledge to stop buying non-essential items, be they unneeded shoes, additional beauty products or other impulse buys for a set amount of time, usually 12 months.

Buy now, pay later companies must adhere to credit card standards, consumer agency says

The Consumer Financial Protection Bureau says in a new rule that buy now, pay later lenders are basically credit card providers and must provide the same protections and rights that apply to those lenders.

Your tax refund could be bigger this year. Here鈥檚 what to do with it

The average taxpayer is getting a $2,852 refund, $75 more than last year. That鈥檚 based on the most recent IRS data. So what should you do with that money?

The Fed indicated rates will remain higher for longer. What does that mean for you?

The Federal Reserve鈥檚 decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy.

The deadline to consolidate some student loans to receive forgiveness is here. Here鈥檚 what to know

Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan cancellation or credit toward cancellation.

These apps allow workers to get paid between paychecks. Experts say there are steep costs

More people are using so-called Earned Wage Access apps to get money to pay bills and buy groceries in between paydays.

Here鈥檚 how to reduce stress and get your taxes done

For many people, tax season isn鈥檛 only about gathering W-2 forms or calling an accountant. It can also bring intense feelings of stress or anxiety about dealing with finances.

Internet providers must now be more transparent about fees, pricing, FCC says

Internet service providers will be required to be more transparent about the cost and performance of their internet service packages, thanks to new FCC rules that take effect this week.

Here鈥檚 how to protect yourself from common scams this tax season

Scammers look for ways to trick people into giving them money year-round, but tax season can be particularly fraught. One of the most common tax scams is identity theft.

How freelancers can prepare for changing tax requirements

If you鈥檙e a freelancer or gig worker who receives payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change for the 2024 tax year.

What to know about the SAVE plan, the income-driven plan to repay student loans

More than 7.5 million student loan borrowers have enrolled in the U.S. government鈥檚 newest repayment plan since it launched in August.

Today is Tax day. Here are some tips on how to navigate it and file your taxes

April 15 is the last day to submit tax returns from 2023. If you left your tax filing until the last minute, you鈥檙e not alone.

Students and parents are frustrated by delays in hearing about federal financial aid for college

For many students, the excitement of being accepted into their first-choice college is being tempered this year by a troublesome uncertainty over whether they鈥檒l get the financial aid they need to attend.

How to keep yourself safe from romance scams this Valentine鈥檚 Day

Last year, the Federal Trade Commission received over 64,000 romance scams reports that translated into $1.14 billion in reported losses.

Wealth disparities by race grew during the pandemic, despite income gains, report shows

A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic, new data released this week show.

Why now is a crucial time to pay off credit card debt

For Americans who lacked savings prior to the pandemic, financial stress is rising. A combination of inflation, increased interest rates, and the end of pandemic-tied relief, such as the moratorium on student loan payments, has led to record credit card debt, experts say, with rising and worrying de

Tax season is under way. Here are some tips to navigate it

Tax season starts today and for many people filing U.S. tax returns 鈥� especially those doing it for their first time 鈥� it can be a daunting task that鈥檚 often left to the last minute.

Most Americans feel they pay too much in taxes, 蘑菇影院-NORC poll finds

A majority of U.S. taxpayers feel they pay too much in taxes, with many saying that they receive a poor value in return.

What to do if you鈥檙e concerned you might be laid off 鈥� or if you鈥檝e lost your job

Recent mass layoffs from technology and media companies, including eBay, Riot Games and the Los Angeles Times, might have you thinking about your job security.

What to know about overdraft fees as the White House cracks down on them

The Consumer Financial Protection Bureau has proposed new rules that would lower overdraft fees, with President Joe Biden calling the charges 鈥渆xploitative.鈥�

Overdraft fees could drop to as low as $3 under new Biden proposal

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.

Advocacy groups are petitioning for the end of SN蘑菇影院 interview requirements

Student and legal advocacy groups are petitioning the U.S. Department of Agriculture to lift the interview requirement for Supplemental Nutrition Assistance Program applicants to receive food aid.

The new FAFSA is meant to make applying for college aid easier, but not everyone can access it yet

A new online application designed to make applying for federal student aid easier went live this week, but not everyone has been able to access it.

What to know about changes to this year鈥檚 FAFSA application for college students

A new version of the federal student aid application is now available to all college applicants for the 2024-2025 school year.

Here are some ways you can reduce financial stress during the holidays

The holidays are supposed to be a joyful time, but they can also be financially stressful. With gifts, social gatherings and plane tickets home, the costs can start piling up.

How to manage holiday spending when you鈥檙e dealing with student loan debt

The holidays can be a challenging time if you鈥檙e on a budget. This year, millions of people have had to start paying back their student loans, adding to the financial pressure and making gift-giving even more stressful.

More Americans are expected to 鈥榖uy now, pay later鈥� for the holidays. Analysts see a growing risk

Consumers are expected to use 鈥渂uy now, pay later鈥� payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.

How to talk to older people in your life about scams

Last year, consumers lost $8.8 billion to scammers, and the Federal Trade Commission says older adults lost the most money compared to other age groups.

The White House has proposed cracking down on junk fees. Here鈥檚 how to avoid them

The Biden administration has proposed increasing transparency around junk fees, which are hidden or misleading charges that increase the total cost of concert tickets, hotel rooms, and other goods and services.