Why is the Fed raising interest rates, and what is ZIRP? In late July, the Federal Reserve increased interest rates by .75 after a previous increase of the same magnitude the month prior. The target…
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My Buy Now, Pay Later experience
The buy now pay later (BNPL) options seem to be popping up everywhere on ecommerce sites as a way to spread out a purchase into organized, simplified installments that are often interest free. Companies like…
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New 401(k) contributions limits for 2022
The IRS announced last week an update on the contribution limits to 401(k) and other workplace plans effective in 2022. The maximum employee contribution is now up to $20,500 up from $19,500 for the past…
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IRA or Roth?
Saving to a Traditional IRA versus a Roth IRA is a common question that comes up and like many questions it usually starts with “it depends” as there are pros and cons to each…Sorry you…
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What CNBC wants you to think
The cable news networks are not in business to keep us informed but to keep us tuned in and sell that attention to advertisers. Depending on the news network they all use different tactics, using…
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