Summer tourists flock to boardwalks and piers while sticking to their budgets

Summer tourists flock to boardwalks and piers while sticking to their budgets

NEW YORK — Small businesses along popular vacation destinations like boardwalks and piers in the U.S. say the number of tourists flocking to the waterfront is back to normal, meaning pre-2020 levels. But while the affluent are spending freely, lower-income vacationers are sticking to carefully planned-out budgets. Sean Bailey, marketing manager of the SkyWheel observation … Read more

How this Melbourne couple keeps their grocery bill to just $37 a week

How this Melbourne couple keeps their grocery bill to just  a week

A couple dubbed “Australia’s thriftiest” are experts when it comes to living a budget life and fighting the current cost-of-living crisis. Darren Gower, from southeast Melbourne, works in hospital admin and as a pastoral care director at the couple’s local church one day a week. Wife Wendy works as a home cleaner, as well as … Read more

What the VP picks could mean for your wallet

What the VP picks could mean for your wallet

Democratic vice presidential candidate and Minnesota Governor Tim Walz (L), and Republican Vice Presidential candidate Sen. JD Vance (R-OH). Getty Images Housing Affordable housing is an important topic for many Americans and both Walz and Vance have addressed the issue. In May 2023, Walz signed housing legislation that included $200 million in down payment assistance. … Read more

Flood insurance likely doesn’t cover storm damage in your basement

Flood insurance likely doesn’t cover storm damage in your basement

A flooded street caused by the rain and storm surge from Hurricane Debby on Aug. 05, 2024, in Cedar Key, Florida. Joe Raedle | Getty Images You need a separate insurance policy for floods A house is surrounded by floodwaters from Tropical Storm Debby on Aug. 6, 2024 in Charleston, South Carolina. Miguel J. Rodríguez … Read more

Student loan relief plan could be on hold for months or longer, expert says

Student loan relief plan could be on hold for months or longer, expert says

Alistair Berg | Digitalvision | Getty Images Why the SAVE plan is on hold The SAVE plan has been a magnet for controversy ever since the Biden administration rolled out the program in the summer of 2023, describing it as “the most affordable student loan plan ever.” Indeed, the terms of the new income-driven repayment … Read more

Trump’s plan to cut taxes on Social Security could threaten benefits

Trump’s plan to cut taxes on Social Security could threaten benefits

Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024. Elizabeth Frantz | Reuters Trump’s plan could move insolvency for Social Security, including the disability program, up two years, from 2035 to 2033, according to the Tax Foundation. Insolvency for Medicare could move up six … Read more

Wealthy investors find opportunities in stock market sell-offs

Wealthy investors find opportunities in stock market sell-offs

Stock market information displayed at the Nasdaq MarketSite in New York, US, on Monday, Aug. 5, 2024.   Michael Nagle | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your … Read more

Unemployment insurance program is unprepared for a recession: experts

Unemployment insurance program is unprepared for a recession: experts

Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty Images Renewed fears of a U.S. recession have put a spotlight on unemployment. However, the system that workers rely on to collect unemployment benefits is at risk of buckling — as it did during the … Read more

Bitcoin’s volatility makes it a risky investment, experts say

Bitcoin’s volatility makes it a risky investment, experts say

Bitcoin’s price has been particularly volatile as of late. The coin both rose and fell this week, at one point dropping by about 7% in a single hour alone. It has since bounced back somewhat, hovering near $59,000 as of Thursday morning, but that’s still down from a $71,000 peak in June. These recent movements … Read more

Teenah heard about junk insurance while watching morning TV and three years later received a $110,000 refund

Teenah heard about junk insurance while watching morning TV and three years later received a 0,000 refund

A mother from Central NSW can finally “breathe and look forward to the future” after pocketing a monster refund for dodgy insurance she was sold. Teenah and husband Troy recently received more than $111,000 following an investigation into their mortgage protection, and consumer advocates say their case — and others coming to light — could … Read more