Have you ever looked at how much interest you are earning in your savings account? According to the FDIC1, the national average savings account interest rate is a TINY 0.07% Lame. Many online banks have popped up over the past decade, and they are offering some incredible rates, up to 20x more than the average savings account interest rate. I've compiled a list of the top high-yield … [Read more...] about 9 Best High Yield Savings Accounts (June 2020)
Update 9/11/20: President Trump has signed an Eviction Moratorium, halting evictions through 12/31/20 for those who cant pay rent. The CDC even jumped in and signed a declaration calling for the halt of evictions to help stop the spread of COVID-19 as well. A new month just started, and with millions out of work, and many more dealing with the effects of the novel coronavirus, many are … [Read more...] about COVID-19 Mortgage & Rent Relief: What You Need To Know
During the COVID-19 health crisis, many Americans are losing their income. Some reports even claim that over 30% could be on unemployment during the peak of the financial crisis we are in. The most important thing you can do is to get on an emergency budget, take care of your immediate needs and your family. But those with large amounts of Student Loan Debt have an additional burden to think … [Read more...] about COVID-19 Student Loan Relief: Who Qualifies And How Does It Work?
I've been getting a LOT of money questions over the past 2 weeks. I LOVE IT! People are taking a close look at their finances right now, which is always a good thing. And I wanted to help answer some of the questions I've been getting over DM's, calls and emails. This will be a resource page for common money questions during this outbreak, and I will continue adding to this … [Read more...] about COVID-19 Money Questions Answered
Update 08/09/20: The extra $600/week enhanced unemployment has ended as of July 31. But Trump just signed an Executive Order to give an extra $400/week until December 27th. If you are still on unemployment, keep filing your weekly claims. Update 3/28/20: The latest CARES Bill has passed, giving more benefits for unemployment, and allowing Self-Employed, Gig-Economy and Freelance individuals … [Read more...] about COVID-19 Unemployment (By State): Extra $400 Per Week Extension
UPDATE 05/01/20: - IRS "Get My Payment App" updated on 4/26, enter your direct deposit info- New "Plus $500 Push" for Social Security Recipients to get credit for qualifying children- Updated schedule for mailing of checks here- Second Stimulus Check Proposed ($2,000 a month! Free Rent!) The CARES Act passed on March 27th. It will send American taxpayers $1,200 stimulus checks starting in April … [Read more...] about Stimulus Checks 2020: Do You Get $1,200?