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Personal Finance

Stories related to personal finance.

Education Department plans inflation fix for new FAFSA

Education Department plans inflation fix for new FAFSA

Families must wait longer to see how much student aid they are awarded for the upcoming college spring semester via FAFSA.

January 29, 2024 2:45pm EST
Gas prices remain stagnant as demand drops: AAA

Gas prices remain stagnant as demand drops: AAA

Although prices are lower than they were last year at this time, they remain steady month over month.

January 26, 2024 6:52pm EST
Study: Gen Z, millennials are ‘obsessed’ with idea of being rich

Study: Gen Z, millennials are ‘obsessed’ with idea of being rich

The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.

January 26, 2024 5:04pm EST
US fourth quarter GDP beats expectations and recession odds

US fourth quarter GDP beats expectations and recession odds

Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.

January 25, 2024 5:54pm EST
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted

Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted

The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.

January 25, 2024 4:01pm EST
When will the IRS send out tax refunds

When will the IRS send out tax refunds

The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.

January 25, 2024 2:57pm EST
Social Security is coming for a bigger chunk of your paycheck

Social Security is coming for a bigger chunk of your paycheck

The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.

January 24, 2024 5:40pm EST
Read this before you sign up for a college credit card

Read this before you sign up for a college credit card

Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.

January 24, 2024 12:47pm EST
Number of electric vehicles that qualify for new electric vehicle tax credit drops to 13

Number of electric vehicles that qualify for new electric vehicle tax credit drops to 13

Only 13 electric vehicle models qualify for the full $7,500 credit, with Tesla and GM seeing the biggest hit.

January 23, 2024 3:46pm EST
Mortgage rates finally expected to dip below 6 percent in 2024, but affordability remains low

Mortgage rates finally expected to dip below 6 percent in 2024, but affordability remains low

Mortgage rates are trending down, likely to go below 6% by the end of the year, but most housing still remains unaffordable to the average American.

January 23, 2024 12:59pm EST
Your significant other expects you to spend over $100 on Valentine's Day

Your significant other expects you to spend over $100 on Valentine's Day

Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.

January 22, 2024 1:32pm EST
New car purchases are on the rise, but there are insurance implications

New car purchases are on the rise, but there are insurance implications

Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.

January 22, 2024 1:14pm EST
Gas prices climb higher as arctic winter weather impacts production: AAA

Gas prices climb higher as arctic winter weather impacts production: AAA

The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.

January 19, 2024 3:20pm EST
Biden just shortened the timeline to student loan forgiveness for these borrowers

Biden just shortened the timeline to student loan forgiveness for these borrowers

Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.

January 18, 2024 6:13pm EST
Just over 15 percent of home listings were considered affordable in 2023: Redfin

Just over 15 percent of home listings were considered affordable in 2023: Redfin

Just 15.5% of homes are considered affordable for everyday homebuyers, the lowest share on record.

January 17, 2024 12:20pm EST
Home buyers struggle in 2023, but homeownership rate could rise in 2024

Home buyers struggle in 2023, but homeownership rate could rise in 2024

Housing inventory was low in 2023, but homeownership stayed steady at 66%. The rate could see an increase in 2024.

January 17, 2024 12:14pm EST
73 percent of Americans still haven’t bounced back financially from the COVID-19 pandemic

73 percent of Americans still haven’t bounced back financially from the COVID-19 pandemic

Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.

January 16, 2024 2:19pm EST
Gas prices stay low at the start of the new year: AAA

Gas prices stay low at the start of the new year: AAA

Gas prices fell slightly at the start of 2024 even as insurance premiums continue to rise.

January 12, 2024 5:02pm EST
Nearly 70 percent of Americans are reviewing their insurance policy, looking for lower rates: Trusted Choice

Nearly 70 percent of Americans are reviewing their insurance policy, looking for lower rates: Trusted Choice

70% of Americans are reviewing their policies to save money as homeowners and auto insurance rates skyrocket.

January 9, 2024 2:40pm EST
Got student loan debt? Here’s how to get up to $2500 tax deduction

Got student loan debt? Here’s how to get up to $2500 tax deduction

According to the IRS, you may be able to deduct a portion of student loan interest from your taxable income — up to $2,500. Find out if you qualify.

January 9, 2024 2:05pm EST
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