In the midst of a global pandemic, it is more important than ever to talk to loved ones about money — but that doesn't mean it's any easier. Money is a taboo subject for a lot of people, but not discussing your finances can cost you. According to a survey from CreditCards.com, over half of millennials have committed some kind of financial infidelity against their current partner, compared to 40 percent of the population at any age.
The big money talk is not one you want to have during a Netflix binge or over a weeknight dinner without proper warning. Give your partner, parent or whomever you need to talk with a heads up so they can reflect as well.
Not to change the topic here:
Preparing to wed? Don't forget the money talk – The Leaven Catholic Newspaper
It rarely comes up when they are just dating. But there are good reasons for couples to thoroughly discuss their approach to money before getting engaged. The Leaven talked to retired banker Chris Donnelly, who brings the added perspective of having recently seen his three children marry.
Q. There are many things that can cause strife in a marriage, but one of the perennials is money. What is important to know about your own approach to money before you marry?
A divorce can derail your finances. Here's some money mistakes to avoid
If you happen to be in the midst of splitting from your spouse or are considering it, be aware that aside from the price tag of divorce — the median is $7,500 , per legal website Nolo — there are other parts of the process that can unexpectedly end up costing one spouse.
Ideally, you'll have an attorney and a financial advisor advocating for you. Regardless, experts say, it's crucial that you understand the implications of all money-related decisions.
Beware: Scammers Target Cash App, Zelle, Venmo, PayPal Users For 'Fast' Money – CBS Dallas
FORT WORTH (CBSDFW.COM) – Payment apps, such as Zelle, Venmo, PayPal, and Cash App, are not only fast and convenient ways to send money but are also fast and convenient for scammers.
The number of people who reported losing money to fraud through a payment app doubled last year, according to the Federal Trade Commission.
While more people are using payment apps to do online banking since the start of the pandemic, many are doing so without knowing the risks.
Many things are taking place:
Democrats Push to Borrow More Money as Deficit Is Set to Shrink Slightly in 2021 - The New York
WASHINGTON — As top Democrats continued to push a $1.9 trillion economic aid package through the House, some lawmakers and aides to President Biden raised the prospect of borrowing even more money to finance the president's next set of spending plans, on infrastructure, buoyed by new projections that showed the nation's fiscal picture was not as dire as officials feared in the fall.
On Thursday, the nonpartisan Congressional Budget Office released updated forecasts that showed a $2.3 trillion deficit for the 2021 fiscal year, an amount lower than last year's $3 trillion deficit but still the second highest since World War II. While that projection did not include Mr. Biden's stimulus proposal, Democrats viewed the report as giving them room to borrow more money given that it projected a rosier longer-run economic picture than last fall.
How to save money on clothing, without sacrificing your style - CNN
Credit Karma Money integrates with TurboTax
Credit Karma, the consumer technology platform with more than 110 million members in the U.S., Canada and U.K. expands availability of its new U.S. checking account Credit Karma Money™ Spend1 to more members including consumers who get a refund when filing their taxes with Intuit Inc. (Nasdaq:INTU), TurboTax®.
The integration comes on the heels of Intuit’s acquisition of Credit Karma in December 2020 and is the first time the two companies have teamed up to accomplish their combined goal of helping consumers pay down debt, build wealth and get access to their money faster.
SEARCH: Maine holding $275 million of unclaimed money; is any of it yours? | WGME
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