Tuesday, December 22, 2020

10 money tips from 25 years of financial writing

The importance of money has less to do with affording the newest iPhone or measuring career success, and far more to do with the core of being human: freedom, ego, stress and relationships.

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How could I graduate from college — with a business degree, no less — and still not know the basics of how money works for real people in the real world? Saving, investing, taxes, credit and insurance — it's almost like personal finance was confusing on purpose.

Publisher: Tampa Bay Times
Date: 2020-12-21 20:46:45
Twitter: @TB_Times
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Not to change the topic here:

Your will is about more than money and cutting your child out could backfire -

“ Just because you believe that your child's rejection or anger is undeserved doesn't mean that you're right. ”

As parents, I believe we're obligated to take the high road even if our children take the low one. Part of taking the high road is having your last act on earth be one that will be good for them even if they weren't able to behave in a way that you deserved or desired.

Fourth, in my survey of 1,600 estranged parents, it was not unusual for the estrangement to occur after the child married. Sometimes it occurs because the parent is critical of the son- or daughter-in-law or disrespectful of their boundaries. It can also result from the child's spouse saying "choose them or me; you can't have both."

Publisher: MarketWatch
Date: 2020-12-22T07:15:00-05:00
Author: Joshua Coleman
Twitter: @marketwatch
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LEGISLATIVE PREVIEW 2021 | Where's the money?

The House picked up the Senate bills that passed that chamber early Tuesday on unanimous or near-unanimous votes. The Senate began their quick work on seven House bills that mostly won bipartisan support Tuesday morning.

The stimulus headed to lawmakers during the upcoming special session is a subset of the $1.3…

Gov. Jared Polis met with the Joint Budget Committee Thursday to present his proposal for the state's 2021-22 budget for $35 billion in spending, reversing most of the major budget cuts handed down to state agencies in the 2020-21 budget.

Publisher: Colorado Politics
Author: MARIANNE GOODLAND marianne goodland coloradopolitics com
Twitter: @colo_politics
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UPDATE: Lots of money, and hard work, bring pandemic aid bill to finish line - Catholic News

WASHINGTON (CNS) — What had been separate Democratic and Republican coronavirus relief bills became a bipartisan effort thanks to Congress’ Problem Solvers Caucus, according to a lobbyist for Network, a Catholic social justice lobby.

The measure was passed late Dec. 21 before Congress wrapped up its work for its two-year session, with President Donald Trump’s signature on the measure to follow Dec. 22. The House vote 359-53 for passage, and the Senate followed with a 92-6 vote.

Publisher: Catholic News Service
Date: 2020-12-21T16:30:00 00:00
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Quite a lot has been going on:

Shoppers can save money using these apps for last minute holiday gifts - ABC7 Chicago
Publisher: ABC7 Chicago
Date: 2020-12-21T23:11:00Z
Twitter: @abc7chicago
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How to start investing with a smaller amount of money

If investing feels like a rich person's game, it's not your imagination: Many investments cater to the wealthy. But there are plenty of ways to invest with a smaller amount like $500.

After all, regularly investing those small chunks over a long time horizon just might be the single best path to building wealth — especially if you have high-interest credit card debt paid off and you're contributing enough to earn any available 401(k) match from your employer.

Publisher: Tampa Bay Times
Date: 2020-12-21 21:09:19
Twitter: @TB_Times
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Workers overpaid in unemployment may no longer have to return the money

In recent months, hundreds of thousands of self-employed, freelance and gig workers have been notified that they've been overpaid in unemployment benefits during the pandemic and must return the funds to their state. The latest $900 billion coronavirus stimulus bill from Congress aims to overturn that effort and allow workers to keep their benefit overpayments — if their state decides it's OK.

The problem impacts people receiving Pandemic Unemployment Assistance (PUA), a CARES Act program that provides jobless aid to those who don't traditionally qualify, including self-employed, freelance and gig workers who lost income due to the coronavirus pandemic.

Publisher: CNBC
Date: 2020-12-22T14:36:38 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Mnuchin: Americans Should Receive Stimulus Check Money 'As Soon As Next Week'

WASHINGTON, DC - DECEMBER 02: Treasury Secretary Steven Mnuchin answers a question during a House ... [+] Financial Services Committee oversight hearing to discuss the Treasury Department's and Federal Reserve's response to the coronavirus (COVID-19) pandemic on December 02, 2020 in Washington, DC. Federal Reserve Chairman Jerome Powell is also scheduled to testify.

The package—which Congress has yet to pass—includes funds for $600 in direct payments for single Americans making $75,000 or less (reportedly the income threshold will be $112,000 for heads of households and $150,000 for married couples filing jointly). 

Publisher: Forbes
Date: 2020-12-21
Author: Jack Brewster
Twitter: @forbes
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