Personal Finance

Seemingly everyone is on edge about the Federal Reserve‘s next moves — with reason. Throughout the nearly nine-year bull market run, the Fed held rates near zero. But recent signs of rising inflation could push the central bank into hiking rates more aggressively, which will have far-reaching consequences for consumers. “Inflation is accelerating and may
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To bring “authority to your ask” for a raise, keep a record of everything you’ve contributed to the company, said She Negotiates’ Gates. For example, the human resources manager who doubled her salary came equipped to her meeting with Excel spreadsheets, which detailed all of the quantifiable differences she’d made at the company. Gates said
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If you are nearing retirement, you could fall prey to common misconceptions about Medicare. And that can lead to costly errors. “Medicare is very complicated and confusing,” said Diane J. Omdahl, co-founder and president of 65 Incorporated, a provider of Medicare software and consulting services. “The people who are turning 65 are at the biggest
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“Once the scammer has established trust with the target, they unveil a money problem,” Bernardo said. “They might need money to come visit or they might have a sick relative; it can range.” Other types of Valentine’s Day ruses include phony florists asking for your credit card information or e-cards directing you to suspicious sites,
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Nearly 2 in 5 consumers who have had credit card debt said it affected their general happiness, NerdWallet found. One-third said it negatively affected their standard of living, and 1 in 5 said it negatively impacted their health. Still, the average American has about three credit cards and a total balance of $6,375, up nearly
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“Graduate students would be paying significantly more,” Kantrowitz said. Pell Grants would be expanded to cover short-term, training programs. The Public Service Loan Forgiveness Program is eliminated in the proposed budget. This program allows former students who fulfill certain public service positions — such as public school teachers or health researchers — to have their
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The Equifax data breach exposed more of consumers’ personal information than the company first disclosed last year, according to documents given to lawmakers. The credit reporting company announced in September that the personal information of 145.5 million consumers had been compromised in a data breach. It originally said that the information accessed included names, Social
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Ceilidh Gao, an attorney at the National Employment Law Center, said she expects employers to try to advertise the new tax benefits of being an independent contractor to potential or current employees. “It saves employers money,” Gao said. “They’re able to shift costs on to the worker.” Indeed, benefits account for more than 30 percent
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