Wednesday, June 16, 2021

Having trouble saving money? These strategies can help | Fox Business

Having trouble saving money? These strategies can help | Fox Business

Saving money can be difficult, especially without a solid plan. Thankfully, there are many strategies that can easily help you save more money. ( iStock )

The coronavirus pandemic put a strain on the personal finances of millions of Americans, particularly those who need to pay off debt, save for retirement and who have difficulty saving money. With continued economic uncertainty, it’s no surprise that many American men and women may be looking for more effective ways and simple tips to save money and safeguard their financial future. 

Publisher: Fox Business
Date: 2021-05-05
Twitter: @FoxBusiness
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Bloomberg - Are you a robot?
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Florida Misses Deadline On Federal Money For Schools | WFSU News

Florida is among 21 states that have not submitted plans to the U.S. Department of Education detailing how they intend to use the latest round of federal stimulus funds earmarked for schools.

The department on Monday released a list of plans submitted by 29 states and the District of Columbia. Florida missed a June 7 deadline to submit its plan, citing a delay "due to (the) legislative session and required State Board review," according to the federal agency.

Publisher: WFSU News
Date: 2021-06-16T15:31:12.188
Author: https news wfsu org people the news service of florida
Twitter: @wfsunews
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Hey, parents! Child tax credit money may be on the way if you got this IRS letter - CNET

Until there's a check in your hand or direct deposit in your bank account it's not a good idea to treat this letter as a guarantee of a coming child tax credit payment, but it appears your chances are good. As with all IRS correspondence, hold on to this letter for your records.

If you do get the go-ahead from the IRS to receive child tax credit payments (which start July 15) you'll be treated to a second letter that confirms your eligibility. It also ballparks how much money you should expect to see in those checks.

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Publisher: CNET
Author: Clifford Colby
Twitter: @CNET
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Here are some money moves to make while the Fed keeps rates near zero

The Federal Reserve said Wednesday it will keep its benchmark interest rate near zero despite signs the economic recovery is well underway.

But it's clear rates won't stay near rock-bottom forever. Recent data showing higher consumer prices and lower unemployment will pave the way for unwinding last year's bond buying and near-zero interest rates. Fed officials did indicate that rate hikes could come as soon as 2023, after saying in March that it saw no increases until at least 2024.

Publisher: CNBC
Date: 2021-06-16T18:01:12 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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How rising inflation can affect your money

Last month, the U.S. consumer price index, a survey of a variety of goods, rose 5% compared with a year ago. The gain was a bit more than anticipated and the largest increase since the summer of 2008, according to the Labor Department .

That has Wall Street buzzing about what inflation means for markets and the economy. But what does it mean for, you know, normal people? Mostly, higher prices.

But first, it's important to understand what inflation is and where it comes from. Essentially, inflation is the rise in prices you'll pay for goods and services. You'll have to spend more to get the same things. Some level of inflation — around 2% — is normal.

Publisher: CNBC
Date: 2021-06-16T15:55:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Where can you find the money to build a safe, predictable retirement? | Business | standard.net

Something else to consider is that these numbers are averages. There are many exceptions to the rule, especially if you are the beneficiary of excellent genes, have tried to stay fit and healthy, and have managed stress properly. More people are hitting triple digits, and you could very well be one of them.

Many retirees and pre-retirees have had someone in their own families who went through hardship and deprivation because they ran out of many at a time when they needed it the most.

Publisher: Standard-Examiner
Author: Lyle Boss
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Gov. Reeves got $50 million in CARES Act money. Here's how he spent it.

Gov. Tate Reeves and legislative leaders battled last year over who had the authority to spend $1.25 billion in federal coronavirus relief funds.

The Legislature ultimately prevailed in the spending control of the CARES Act funding , but part of the political compromise was granting the governor sole spending authority of $50 million.

One year later, Reeves has been allocated the $50 million but has spent only $20.7 million of that amount.

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Publisher: Daily Leader
Date: 2021-06-16T22:00:10 00:00
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