Federal Reserve
Should I Use My Stimulus Check for Debt? 3 Questions to Ask
The latest round of coronavirus stimulus checks will be landing in many of our bank accounts or mailboxes soon (if they havenât already). Should you use the money to pay off debt? Our Penny Hoarder philosophy typically would be a resounding âYes!â Using a financial windfall to put a dent in debt can save you [â¦]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Advantages of Saving With a Money Market Account
Thinking about a money market account? Weâll help you decide if it meets your needs.
The post Advantages of Saving With a Money Market Account appeared first on Discover Bank – Banking Topics Blog.
What Do ‘Jobs Numbers’ Mean for You and Your Money?
Financial media organizations regularly report, analyze and discuss “job numbers,” but what does that mean? On a very basic level, jobs numbers, called jobs reports, refer to how many people are unemployed right now, how many people are newly unemployed and so on. But how are they relevant to your financial situation? Letâs dive deeper. […]
The post What Do ‘Jobs Numbers’ Mean for You and Your Money? appeared first on The Simple Dollar.
Mortgage Rates Start Summer Near 2017 Lows … Will It Hold?
Find out how the recent Federal Reserve rate hike could affect your home-buying and refinancing plans.
What is the Average Savings by Age?
There are lots of reasonsâand lots of waysâto save. However, for those looking for a benchmark of just how much they shouldâve saved by a specific age, things get tricky. Average savings by age is a tough metric because there are so many variables that go into a number like that. The Importance of Saving […]
The post What is the Average Savings by Age? appeared first on SoFi.
3 Questions About Compound Interest â Answered
Compound interest is an incredibly powerful force. It allows your money to start growing on its own, with the returns exploding in value over time, if you have the patience. While the idea is easy to understand, the actual application of it can be tricky. Does it make a difference if money is compounded monthly […]
The post 3 Questions About Compound Interest â Answered appeared first on The Simple Dollar.
Streamlined Mortgage Relief Program Could Mean No Payments for 12 Months
A group of mortgage industry heavyweights have sent a letter to the Federal Reserve, HUD, FHFA, CFPB, Treasury Department, and the White House advocating for a uniform, streamlined mortgage relief program in the wake of the coronavirus outbreak. It could result in waived mortgage payments for up to 12 months for millions of Americans, without [&hellip
The post Streamlined Mortgage Relief Program Could Mean No Payments for 12 Months first appeared on The Truth About Mortgage.
Should I Buy Down My Rate After 2017 Fed Rate Hikes?
What the current market outlook means for you.
4 Benefits of a Money Market Account
Can a bank account have super powers? See for yourself with a money market account.
The post 4 Benefits of a Money Market Account appeared first on Discover Bank – Banking Topics Blog.