Cash News You’ve just deposited a large sum of cash or received an unusually hefty check, and now you’re wondering: Will your bank notify the IRS? Many people assume banks keep their transactions private, but financial institutions often have mandatory reporting requirements that might put your finances under the IRS microscope. Knowing when and why […]
Cash News For many, earning a college degree is a pivotal life milestone. But it’s a goal that comes with a steep price tag. Although some students have access to student aid, it’s not always enough to cover 100% of college costs. Whether you’re a high school student or a working professional who’s thinking about […]
Cash News The right cash-back card can help you offset the cost of your regular spending, especially if it offers bonus rewards for common purchases. If you want to add a new cash-back credit card to your wallet, the Blue Cash Everyday® Card from American Express is worth a look. This card offers big rewards […]
Cash News Do you count down the days until payday — only to watch your bank account drain within hours? You’re not alone. Millions of Americans live paycheck to paycheck, trapped in a cycle of stress and zero financial wiggle room. Here’s a closer look at how the paycheck-to-paycheck cycle starts, and how you can […]
Cash News If you’re buying a home, you should know there’s a mountain of paperwork involved. One of the many important forms you need to review and sign is the promissory note. The promissory note, essentially a borrower’s promise to repay a loan, makes your agreement with the mortgage lender legally binding. You can think […]
Cash News There’s a reason car insurance rates are notoriously high for teen drivers. Teens aged 16 to 19 are almost three times more likely to be in a fatal car accident, according to the . Insurance carriers know this, which is why it typically costs more to insure a young driver. As your child […]
Cash News A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive, you’ll buy more domestic goods. Suppose, for example, that the U.S. government levied a new 10% tariff on cars imported from Japan. […]
Cash News Little by little, you’ve amassed a substantial pile of debt. Now, you’re looking to reduce or, better yet, eliminate that burden. You might even wonder if you should refinance your mortgage to pay off debt. It’s a good thought — maybe the perfect solution. Paying off debt is the most common reason people […]
Cash News In 2021, the average 30-year mortgage rate fell below 3% — now it’s well over 6%. If you’re in the market for a mortgage loan, you may be wondering if you should wait until interest rates fall significantly before buying a house. When will mortgage rates finally drop back down near the 3% […]
Cash News Move over, inflation — stagflation is the latest economic concern plaguing Americans. The term stagflation refers to a triple threat of not-so-great economic indicators: rising prices, sluggish economic growth, and high unemployment. And recently, experts have worried that the U.S. economy is exhibiting signs of potential stagflation, especially in light of the Trump […]