What You Shouldn't Be Spending Your Stimulus Money On - South Florida Reporter
With the passage of the third round of stimulus checks, Americans everywhere are slowly getting their government payments. Additionally, many Americans are also receiving tax refund cash, meaning that the average family has a little more spending money in their pockets right now than they usually would.
So, what should you do with that stimulus money? The better question might be what not to do to avoid putting yourself and your family into a bad situation down the road. Here are a few things to avoid when budgeting that extra money:
More Stimulus Money May Be Coming Your Way – Here's What To Do With It
You may also be due to receive your third economic impact payment this week, as the IRS has been sending payments through the month of April, according to an IRS.gov press release. The press release states that a seventh batch of nearly 2 million Economic Impact Payments from the American Rescue Plan began processing April 23, with an official payment date of April 28. Some people may have seen the money in their account, marked as pending, prior to April 28.
Some people, however, who already received their third check could be receiving a "plus-up" payment if their economic situation changed between 2019 and 2020. If their 2020 tax return shows a new child or dependent or if your income dropped, you could be getting more money.
What motherhood taught me about money: 8 moms weigh in
Actively involving kids in discussions about saving money, paying bills and investing can help them on the road to becoming financially responsible adults. Getty Images
It's true -- everything changes when you become a parent, including your finances. Besides facing a slew of new expenses, you're charged with the financial well-being and future of another person. And that person, whom you adore, is probably learning about money from you.
"Motherhood has taught me to carefully budget and be more resourceful. Having children can double or triple your monthly costs. Budgeting for the added costs and finding free activities has been a huge help. I've become very aware of where each dollar goes and find myself much more disciplined than I ever was in the past."
These money and investing tips can keep you ahead of the stock market's waves - MarketWatch
These money and investing stories, popular with MarketWatch readers over the past week, can help you ride the stock market's volatile waves. Volatility can be a tough ride going down and seem too good to be true going up — so it's important to keep perspective when your portfolio's value swings. Separate allocation from speculation. Be mindful of why you own the securities you do and how they can move you closer to your investing goals.
With investments, popular is not better.
Why you should worry about the flood of new cash into U.S. stock funds
PGA Tour: Wells Fargo Championship prize money
The Northern Irishman earned his 19th PGA Tour victory on Sunday at Quail Hollow Club in Charlotte, North Carolina, winning the 2021 Wells Fargo Championship by one shot at 10 under. It’s McIlroy’s third win at Quail Hollow following wins in 2015 and 2010, his first on Tour.
McIlroy takes home the $1,458,000 top prize, with second-place Abraham Ancer earning $882,900. Viktor Hovland and Keith Mitchell finished T-3, each winning $477,900.
My App Puts Money in Your Pocket
In 2018, I quit my job as a successful volatility trader to build an app that helps people earn as much money as possible from credit card rewards.
So, what happened between 2018 and 2021? Why did I quit my job to build an app? And how can my app put money in your pocket?
As a volatility trader for Merrill Lynch, I made plenty of money, but I was miserable. Travel has always been my passion, but vacation days were hard to come by, especially as a junior at the company. In 2013, I discovered how to use credit card spending and rewards to fund luxury travel. I spent hours researching credit cards and earned enough rewards to take some awesome trips, but I could only go so far with five days off per year.
Advocates For Tribal Water Access Are Asking Congress To Earmark Money For Projects On Native
The COVID-19 pandemic revealed a clear connection between access to clean water and public health, according to Navajo tribal member Bidtah Becker.
Becker is part of a group called the Water & Tribes Initiative that advocates for water access in Indian Country. She said the pandemic has made it easier to ask Congress for money to solve the problem.
"The conversation has shifted from, 'Oh no, you could never get that amount of money.' And there's always a little subtext of, 'Are you really deserving of that money?'" she said. "Now it's like, 'Yes. Everybody needs clean drinking water. No questions asked."
WKRG | "Money Fest" to demystify funding options for small business owners
MOBILE, Ala. ( WKRG ) — Small business owners in the Mobile area looking to give their efforts a boost have a chance at Money Fest. Often the biggest challenge for small business owners is funding. Money fest is happening this Thursday a free, daylong symposium on demystifying money.
“Money's intimidating for everyone no one likes to talk about money we're not going to get into the nitty-gritty of your specific finances during this event but it helps you to know how to look at your finances and how to prepare for where you're going,” said Innovation Portal Program Coordinator Jessica Wofford. A common question among small business owners is how to get funding.
You just have 8 days to claim this IRS tax refund money before it disappears forever - CNET
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