Financial stress can put a strain on any relationship, leading to disagreements and tension between partners. It is crucial for couples to address these issues openly and honestly in order to find solutions and move forward together. However, new research from Cornell University suggests that many couples avoid talking about their financial problems out of
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The trend in 401(k) savings rates has been on the rise in recent years, with the average combined savings rate hitting a record high of 11.7% in 2023, according to Vanguard’s analysis. This matches a previous record set in 2022 and indicates a positive direction in retirement preparedness for many workers. Additionally, a Fidelity report
One of the latest money-saving trends on TikTok is the “no-spend month,” which encourages users to cut out all non-essential purchases for a set period of time. This challenge can last for a week, a month, or even a full year, with the idea being that it can help individuals break the habit of overspending
The U.S. Department of Education is considering extending the eligibility of the popular Public Service Loan Forgiveness program to include early childhood educators. This announcement comes as a response to the low wages that many workers in early childhood education settings face. The idea is to provide financial relief to those who dedicate their careers
The recent Supreme Court decision in Moore v. United States addressed the issue of a federal tax on certain foreign investments. In this case, a Washington state couple, the Moores, was challenged with a mandatory repatriation tax on income earned from an investment in an India-based company that did not distribute dividends. The Supreme Court
As older members of Generation X approach retirement age, the pressure to save for retirement has intensified. A study conducted by a global asset management company revealed that a significant percentage of Gen Xers are worried about not having enough money to enjoy their golden years. With the dual financial responsibilities of caring for elderly