The federal government has passed three separate COVID relief bills to cover losses during a pandemic year. Christians will disagree on whether these bills were prudent or needed, but it has resulted in individuals and families receiving money they would have never expected.
Christians are seeking to know what is right and how to handle this extra money. We know that God has called us to honor him and be good stewards of our money, yes, even our stimulus money. The answer begins with the understanding that God is sovereign and the owner of all of our financial resources.
Other things to check out:
Is cryptocurrency real money? Here’s an explanation – Orange County Register
In May 2010, Laszlo Hanyecz made history when he purchased two large pizzas from Papa John's for 10,000 bitcoins, about $30. Today, that same purchase would equate to more than $560 million.
In just the past year, cryptocurrency's total value has skyrocketed by nearly 500%. And Bitcoin, which was worth less than a penny when it launched, hit a high of $61,683 per coin last week. Here's an introduction to this mysterious currency and how it works.
WHAT IS CRYPTOCURRENCY? Cryptocurrency is virtual money based on software. When you purchase cryptocurrency, you purchase a digital asset based on an algorithm.
Money — but no fixes — for multiemployer plans
The passing of the $1.9 trillion American Rescue Plan is good news for multiemployer pension funds, but more work needs to be done.
Enactment of the $1.9 trillion American Rescue Plan offered some good news for the participants in struggling multiemployer pension funds, primarily in the form of $86 billion in assistance.
As many as 200 plans that are deemed critical and declining, less than 40% funded or have more inactive than active participants could be eligible for the financial help.
Jill On Money: Agitation over Inflation
Glad you asked. As economists and analysts are lauding efforts to help low to middle income consumers, they are keeping a watchful eye on prices. After all, it stands to reason that prices will rise from last year’s abnormally low levels, once the economy reopens and people spend their rescue money and/or savings that they have accumulated.
Inflationary fears have come and gone over the past decade, but overall, sustained higher prices have not materialized. In fact, inflation is below where it was for much of the 2000s, prior to the financial crisis. The Consumer Price Index (CPI) was up 1.7% from a March a year ago. While that’s low, it marks an acceleration from the previous month.
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PGA Tour: Honda Classic prize money
The 40-year-old Australian took a bite out of the Bear Trap , winning the Honda Classic for his second win on Tour. Jones cruised in the final round, signing for a 2-under 68 to win by five shots on the challenging Champion course at PGA National in Palm Beach Gardens, Florida.
Jones takes home the trophy and the top prize of $1,260,000 and 500 FedEx Cup points. Brandon Hagy, who finished second, earned $763,000.
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An amateur nearly won on the Symetra Tour on Sunday. Ruixin Liu, however, wasn't going to let that happen. It took two extra holes at (…)
Seinfeld: 10 Things That Make No Sense About Money | ScreenRant
Besides misleading audiences with far-fetched storylines , Seinfeld also set quite a few financially unrealistic expectations. It's time to address the complicated money matters of a gig worker and his job-hopping friends.
Of all the impractical places Jerry could hide money at, a laundry bag should top the list. Also seen in the episode "The Revenge," Jerry suddenly remembers stashing his laundry bag with a whopping $1500 dollars! After picking up the same bag from Vic's Laundromat, he realizes his money is gone and suspects the laundry owner of stealing.
Investing in China: Foreigners, US investors attracted to China bond markets
BEIJING — U.S. investors are among the many foreigners looking to profit from China, particularly its bond market.
One clear area of interest is in government bonds, where the Chinese 10-year has a yield of over 3.2%. In contrast, the latest rise in U.S. rates has pushed the 10-year Treasury yield to only 1.7%. That wide difference gives investors in Chinese government bonds a significantly higher return.
"U.S. investors continue to be very interested in investing in (the) Chinese market," Tao Wang, head of Asia economics and chief China economist at UBS, said Thursday during a webinar with the Institute of International Finance. "Especially from the bond market perspective, there is a structural increase in the interest."
How to Teach Your Kids About Money and Apps That Can Help | WIRED
Debt can be stressful. That's why the vital ability to manage money is something most parents work hard to instill in their kids. Allowances, chores, and piggy banks are tried and tested techniques, but in the digital age, there are apps and online services at our disposal for imparting financial wisdom and encouraging good habits. That's important as cash declines in use, especially during the pandemic .
But where do you start? And with what? Mary Gresham, an Atlanta-based psychologist who specializes in finance and families, says it should begin as soon as children are aware of the concept of money, usually around the ages of 4 and 5.
Happening on Twitter
.@MohamedBinZayed You are a lucky, lucky man. My mother passed away 18 years ago so I can no longer have the pleasu… https://t.co/5DYgrg41xz GreenblattJD (from New Jersey, USA) Sun Mar 21 15:49:04 +0000 2021
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