Update June 15: The Senate has not voted on the HEROES Act, and both the Senate and White House are instead writing up their own proposals. More details below. Two more proposals are taking shape, one from the Senate Republicans, and one from White House Advisers. Senate Proposal: Mitch McConnell is leading the charge on a phase 4 stimulus package, and says "it would be the last one." He … [Read more...] about Are Second Stimulus Checks Coming? – Latest Updates
Update August 25: No $1,200 Stimulus Checks, and now Congress is on recess until September 8th Well, it's almost September, and Congress is still on a gridlock on negotiating another Stimulus Bill. And that means the second round of stimulus checks are delayed....AGAIN. A second round of checks seems to keep getting pushed further and further down the priority list, as Congress is … [Read more...] about $1,200 Second Stimulus Checks Might Not Happen. Here’s Why.
I posed a question on Twitter a few weeks back: Are the new unemployment benefits (extra $600 per week) unfair to "essential workers" who don't get the extra funds AND have to keep working?— Jacob Wade (@iHeartBudgets) April 9, 2020 Apparently Mitt Romney heard me, because a few short weeks later, he introduced Patriot Pay. This refundable payroll tax credit would pay "frontline" workers … [Read more...] about Extra $12 An Hour? Romney “Patriot Pay” Stimulus Proposed
Sometimes when you get stuck inside for over a month.....you do something a little crazy. My crazy? I created a Stimulus Check Rap Song (much to my wife's embarrassment!). We had a BLAST making this song and video, and yes, even my wife laughed and shared this with her friends! We would love to spread some fun during this stressful time, we would LOVE if you shared this with anyone … [Read more...] about Stimulus Check Rap Song
Let's talk about the NOT sexiest part of personal finance: Life Insurance! For real, nothing brings down the mood more than starting conversations like "so….if I died…." But it is an important part of having a complete financial plan, and luckily, getting life insurance has NEVER been easier! In my opinion, I choose Term Life Insurance, because it can be a more cost efficient option … [Read more...] about 8 Best Life Insurance Companies 2020 (Get Quotes Online!)
Finding the best place to stash your cash is always a challenge. There are hundreds (thousands?) of banks and savings accounts to choose from! There are different reasons for each type of account, and for me, Money Markets are the PERFECT PLACE to stash your Emergency Fund. In fact, we personally put our Emergency Fund in a Money Market account. The money is accessible, but can't be spent … [Read more...] about 6 Best Money Market Accounts (May 2020)