Once you’ve tied the knot, you might consider merging finances with your partner. For one, it can make paying household bills and tracking cash flow easier. It can also help boost your savings account or meet retirement goals you have as a couple and protect you if an emergency occurs or one of you passes away.
* * *
But merging finances — and creating a joint account — doesn’t come without drawbacks. It can also create challenges for couples, especially if you’re not fully transparent about your debts, net worth or how you spend and manage your money.
Quite a lot has been going on:
Coronavirus stimulus: Trump wants to send out more relief money
Trump's advisors have echoed his sentiment. On Friday morning, economic advisor Kevin Hassett told CNN that another round of aid is "pretty likely," saying he believes "it's coming sooner rather than later."
Treasury Secretary Steven Mnuchin said Thursday that he sees a "strong likelihood" the U.S. will need more stimulus.
Support has mounted in the White House as Congress fails to strike a consensus on how to lift a U.S. economy collapsing under the weight of the pandemic. More than 38 million people have filed jobless claims since the crisis started, and second-quarter GDP is expected to plunge.
Pandemic Has Increased Money Anxiety. Therapists Hope to Cure That. - The New York Times
Dale Mackey closed her event space in Knoxville, Tenn., a week before the state issued its orders to end large gatherings. She did not think about the economic ramifications of shuttering her business, the Central Collective; she said it was the right thing to do to reduce the spread of the virus.
Work dried up for her husband, Shawn Poynter, a photographer, so to help make ends meet, Ms. Mackey began spending more time on a side business, making sweet and savory pies and selling them online. She and her husband are in their mid-30s and have some savings and no debt beyond mortgages on their home and the event space, so they were content hunkering down.
Money advances for testing, tracing
The state expects to test 4% of its population for COVID-19 next month and build out its contact tracing capacity, officials told the steering committee making recommendations on how to spend the state's federal coronavirus relief funds.
The committee gave a do-pass recommendation during its May 20 virtual meeting to a $58 million appropriation from the $1.25 billion the state received from the $2 trillion Coronavirus Aid, Relief and Economic Security Act. Expanded testing received $30.5 million and contact tracing $22 million. The appropriation is subject to legislative approval and will be reviewed by the committee in September.
This may worth something:
Making Money During The Pandemic: How COVID-19 Is Leading A New Wave Of Creativity
A physicist of Polish Academy of Science, Arkadiusz Zarzycki works from home in Krakow as lockdown ... [+] in Poland continues during Coronavirus pandemic on April 20, 2020. Universities and science institutions stay closed as the fight against the spread of Covid-19 pandemic continues. (Photo by Dominika Zarzycka/NurPhoto via Getty Images)
Looking at the trend, it seems clear why this is happening: people are unable to travel right now and are confined to their homes and local communities. With time saved from not having to commute and remote work schedules, people are leveraging this time to advance their personal brands and projects. In many cases, this creative wave is being utilized to help assist COVID-19 efforts.
$5000 Trump Proposal To Get Money Now From Social Security
With the U.S. economy diving into a recession thanks, in part, to the coronavirus, President Donald Trump is looking for ways to stimulate the economy. One of his recent proposals calls for allowing people to claim some of their future Social Security benefits now. For the tens of millions of Americans who are currently unemployed, that money may seem like a godsend, but the long-term costs may weigh heavily on your retirement security.
If you were lucky enough to receive the original $1,200 stimulus check, that money is likely long gone. While the Democratic-led House of Representatives passed an additional $3 trillion coronavirus relief package on May 15 th , I expect some pushback trying to get this passed through the Republican-led senate.
Money running out for free meals to seniors in Selma, program asking for help | KMPH
Some people are making more money by not working.
For people who've been laid off during the pandemic, the extra $600 a week the federal government is doling out on top of unemployment is a godsend. But for restaurateurs and hotel owners around New England looking to staff up for the summer tourist season — what there is of it, anyway — the bump is anything but a blessing.
The generous benefit has been problematic for businesses all over , but it is especially acute for seasonal employers looking to make new hires ahead of the summer.
No comments:
Post a Comment