The elevated inflation in recent years continued to wreak havoc on many Americans' wallets in 2024, but the start of the new year provides a…
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
There is a wide variety of books available to readers that promise to have you making or saving money in…
The IRS recently announced that the amount individuals can contribute to their 401(k) plans in 2024 has increased and catch-up…
Even though the Federal Reserve put a break on interest rate hikes in September, inflation remains stubbornly high and it…
Two years of living under high inflation has many Americans feeling stuck when it comes to making financial progress, according…
Kevin O'Leary delivers blunt-force business and personal finance advice on an upcoming episode of the digital game show "Rent Free"…
Taking out a 401(k) loan can help borrowers pay off immediate debt like credit cards and medical bills. But picking…
Having a million dollars to your name can seem very unattainable. Without the help of family inheritance, or a lucky…
If you feel stressed about the future of your finances, taking control of your money can alleviate that stress and…
Today’s retirees are facing stubborn inflation, staggering healthcare costs and an uncertain Social Security system. And by the next decade,…
Following the dawn of the COVID-19 recession, Americans collectively accumulated a record $2.1 trillion in excess savings, according to research…
Amid high inflation and rising interest rates, most Americans believe the economy is in bad shape, according to a poll…
With Congress potentially unable to reach an agreement on federal spending legislation to be signed by the president, the government…
Amid economic uncertainty, the back-to-school season could have a significant impact on the wallets of American families with children, according…
When it comes to rising interest rates, there tends to be a lot of gloom-and-doom discourse about the danger that…
Despite recent market volatility, Americans’ retirement account balances increased in the second quarter of 2023, marking the third straight period…
While Americans took on debt amid rising interest rates and stubborn inflation following the COVID-19 pandemic, many have turned to…
With mortgage rates hovering around 5% to 7% in recent months, mortgage payments have jumped to a near-record high, according…
Interest has begun to accrue on federal student loans again and many borrowers will face their first student loan payment…
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