Personal finance

People watch the presidential debate between Republican presidential nominee and former U.S. President Donald Trump and Democratic presidential nominee and U.S. Vice President Kamala Harris at a watch party hosted by the New York Young Republican Club, in New York City, U.S., September 10, 2024.  Adam Gray | Reuters With fewer than 60 days until
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Terry Vine | Getty Images As “DormTok” social media posts entice college students to design elaborate dorm rooms — “the stakes of dorm decor have never been higher,” according to House Beautiful — parents may be wondering if they have the right insurance coverage to protect all those purchases. Enter: “dorm insurance.” Before signing up,
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Raising kids is expensive. Of course, many believe that the rewards far outweigh the financial cost. However, others are opting for a life without children, largely because of affordability constraints. Now, nearly a quarter, or 23%, of millennials and Generation Z without children do not plan to become parents, primarily due to financial reasons, according
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U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024.  Kevin Lamarque | Reuters Earlier this summer, millions of federal student loan borrowers got a promising email. The Biden administration informed them that debt forgiveness
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With the presidential election approaching, experts are sounding alarms about the upcoming expiration of the 2017 Tax Cuts and Jobs Act, or TCJA. Without action from Congress, trillions in tax breaks enacted by former President Donald Trump via the TCJA will expire after 2025. The outcome of the 2024 election will determine which political party
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For months, economists have wrestled with the disconnect between how well the economy is doing and how badly people feel about their financial standing. Now, evidence suggests that the so-called “vibecession,” or that prolonged period of negative sentiment about the economy, appears to be ending, according to Michael Pearce, deputy chief U.S. economist at Oxford Economics.  As inflation cools
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George Kinder Kinder Institute George Kinder wants everyone to be free. At first blush, that concept of personal fulfillment or enlightenment may seem better suited to the realms of religion or spirituality than personal finance. But Kinder, who’s recognized as the father of the “life planning” branch of financial advice, has preached the interconnection of
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Carol Yepes | Moment | Getty Images In Stacey D’Erasmo’s new book, “The Long Run,” she interviews artists who are late in their careers. There’s dancer and performer Valda Setterfield, who performed through her 80s despite serious injuries from a car accident in her 40s. There’s writer Samuel Delany, now 82, who has published more
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Democratic presidential candidate Vice President Kamala Harris arrives at Portsmouth International Airport in Portsmouth, New Hampshire, Sept. 4, 2024. Joseph Prezioso | AFP | Getty Images Vice President Kamala Harris is calling for a higher capital gains tax rate, and financial advisors have tips for top earners who could be affected. The Democratic presidential nominee
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