As a whole, the average US credit score in 2022 is 716. Given that a score between 670-739 is considered good credit and there was an average five-point increase from 2020, it shows many Americans are on the […]
FTX, one of the world’s largest cryptocurrency exchanges, filed for Chapter 11 bankruptcy protection on Friday, and CEO Sam Bankman-Fried resigned. The exchange crashed amid a liquidity crunch and allegations of misused funds, followed […]
In less than a year between 2020 and 2021, Lake Charles, Louisiana, faced two hurricanes, then a severe winter storm, followed by more flooding, all in the midst of a pandemic. A team of […]
A reverse mortgage allows homeowners age 62 or older to tap equity without making a mortgage payment on the amount they borrow. However, the most popular reverse mortgage program, the Home Equity Conversion Mortgage (HECM), […]
With rising inflation and stagnant wages, being frugal with your spending is a good idea. But you can go a step further: By learning some valuable life skills and DIY-ing more activities, you can save […]
Investing in single-family residential real estate offers multiple ways to increase wealth, from cash flow from rental income, to appreciation from an increase in a home’s value, to leveraging borrowed money to boost returns, […]
In another sign that consumers keep spending money, undeterred by inflation, Starbucks reported record sales for its fourth fiscal quarter that ended October 2. The world’s largest coffee chain that operates more than 35,000 stores around […]
Students currently enrolled in college and graduate school are eligible to apply for forgiveness of up to $20,000 of the federal student loans they’ve received if they meet certain family income requirements, according to […]
Coins and bills are less common as debit cards, credit cards, and mobile payment services continue to dominate purchasing power. So it’s not hard to imagine that other types of currency exist in the world. […]
Amid intimidating headlines about rising interest rates and a potential recession, Americans are looking for ways to save money. Aside from cutting coupons and skipping takeout, one way consumers can save money is by improving […]