Sunday, May 31, 2020

What to do with federal COVID money | The Garden Island

This week our Legislature will be recessing after working on one of its important tasks: figuring out how to spend $1 billion of federal money that is being made available to Hawai‘i under the CARES Act.

This federal money is being made available for expenditures that are (1) necessary and incurred due to the COVID-19 public health emergency; (2) not budgeted for as of March 27, 2020; and (3) incurred before Dec. 31, 2020.

Senate Bill 75, House Draft 1, gave the neighbor islands a share of that money because only Honolulu received a direct allocation of federal funds; gave a few state agencies some money for state COVID response; and then squirreled away the balance, about $636 million, into the emergency and budget reserve fund (also known as the “rainy-day fund”).

Publisher: The Garden Island
Date: 2020-05-31T10:05:00 00:00
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In case you are keeping track:

Dave Ramsey: Why your 25 year old son's problems won't be erased with more money | Fox

Personal finance expert Dave Ramsey gives advice on purchasing disability insurance during a FOX Business Town Hall on Varney & Co.

Editor's note:   Money expert Dave Ramsey is CEO of Ramsey Solutions. He has authored seven best-selling books, including "The Total Money Makeover." His radio show "The Dave Ramsey Show" is heard by more than 16 million listeners each week on 600 radio stations and multiple digital platforms. Each week he answers a question about personal finance in his "Dave Says" column.

Publisher: Fox Business
Date: 2020-05-30
Twitter: @FoxBusiness
Reference: (Read more) Visit Source



These money and investing tips can help you figure out where stocks are now and where they

These money and investing stories, popular with MarketWatch readers this past week, offer ideas about how to manage your financial portfolio and invest strategically at a time when investors have become more optimistic — even as uncertainty about the coronavirus pandemic, corporate earnings and the global economy's prospects clouds forecasts and limits expectations.

Famed investor values long-term 'high quality' shareholders.
How Warren Buffett is fighting to 'keep the wolves away' from Berkshire Hathaway

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Publisher: MarketWatch
Date: 2020-05-30T20:51:00-04:00
Author: MarketWatch
Twitter: @marketwatch
Reference: (Read more) Visit Source



Teaching your teen money lessons: smartphone edition | The Seattle Times

Teenagers sure seem to have some champagne and caviar tastes. A survey of nearly 10,000 teens (from households with average income of $65,400) reports that more than eight in 10 already have an iPhone, and nearly nine in 10 expect their next smartphone to be an iPhone. That typically comes at a steep price, compared to less expensive Android smartphones.

Apple's recent rollout of its iPhone SE offers parents an opportunity to serve up a money lesson. At a starting price of $399, the iPhone SE is less than half the cost of other iPhone models — the iPhone 11 starts at $1,000 — but has plenty of the bells and whistles to sate your teen.

Publisher: The Seattle Times
Date: 2020-05-31 05:31:00
Twitter: @seattletimes
Reference: (Read more) Visit Source



Not to change the topic here:

How to Get Your Money to Those Who Need It More Than You - The New York Times

As unemployment claims pass 40 million and the anxious people who file them grow more desperate , an altruistic instinct has emerged among those who are more financially secure.

But the sheer breadth of the pain is almost overwhelming, and the appeals are everywhere. And the impulse is to help — now — when confronted with a personal plea.

So what is the very best way for people with more money than they need to quickly hand it over to those in need, so they can use it for food, shelter and other necessities?

Date: 2020-05-30T07:00:06.000Z
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Unemployed during coronavirus? How to make money from home right away

If you know your way around a sewing machine, can quick-fix a washer/dryer, fridge, boat or car, have an eye for antiques or possess some other random – even quirky – expertise, you could make tens of thousands of dollars working from home within the next month or two. True story.

Shopping reinvented: America's stores, malls reopen with masks, curbside pickup and closed fitting rooms

Wearables as first line of defense? Tests expand on whether Fitbit, Apple Watch could predict coronavirus

Publisher: USA TODAY
Author: Jennifer Jolly
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Pennsylvania is sitting on billions in coronavirus relief money. That will soon change.
Publisher: Pittsburgh Post-Gazette
Twitter: @PittsburghPG
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Tips on How to Manage Money as a Couple

Money issues can be a major source of tension in a relationship. Jenna Taubel with First Alliance Credit Union offers tips on how you can start the discussion and foster better communication concerning your household finances which will pave the way to making Good Money Moves.

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Listen  to new  Good Money Moves Podcast episodes  Saturdays at 10:00 a.m. on News-Talk 1340 KROC AM & 96.9 FM

Hear the best tips and advice for making Good Money Moves to help you gain confidence in managing your money. Every Saturday morning, Andy Brownell, from KROC AM, and Jenna Taubel, from  First Alliance Credit Union , chat about a wide range of financial topics with various financial experts from First Alliance Credit Union’s knowledgeable team of advisors.

Publisher: News-Talk 1340 KROC AM & 96.9 FM
Date: 2020-05-31 09:23:54
Author: firstalliancecreditunion
Twitter: @KROCNews
Reference: (Read more) Visit Source



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